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eBook Show Me How Calculator Lean Accounting The annual budgeted conversion costs for a lean cell are $362,700 for 3,100 production hours. Each unit produced

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eBook Show Me How Calculator Lean Accounting The annual budgeted conversion costs for a lean cell are $362,700 for 3,100 production hours. Each unit produced by the cell requires 12 minutes of cell process time. During the month, 2.220 units are manufactured in the cell. The estimated materials costs are $53 per unit. (Round the per unit cost to the nearest cent and use in subsequent computations. If required, round your answers to the nearest dollar. Journalize the following entries for the month: a. Materials are purchased to produce 2,340 units b. Conversion costs are applied to 2,220 units of production c. The cell completes 2,110 units, which are placed into finished goods If an amount box does not equire an entry, leave it bank Raw and In Process Inventory Accounts Payable Raw and In Process Inventory Conversion Costs c d Goods Invente Next >

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