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For the year, Dashboard Inc. budgeted the following costs for the eCar production cell: The following summary events took place in the eCar cell during

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For the year, Dashboard Inc. budgeted the following costs for the eCar production cell: The following summary events took place in the eCar cell during April: a. Electronic parts and wiring were purchased to produce 8,400 instrument assemblies in April. b. Conversion costs were applied for the production of 8,200 units in April. c. 8,100 units were started, completed, and transferred to finished goods in Aprii. d. 8,020 units were shipped to customers at a price of $410 per unit. Required: 1. Determine the budgeted cell conversion cost per hour. 2. Determine the budgeted cell conversion cost per unit. If required, round your answer to the nearest whole dollar. 3. Joumalize the summary transactions (a) through (d). Refer to the Chart of Accounts for exact wording of account titles. 4. Determine the ending balance in Raw and In Process inventory and Finished Goods inventory. 5. How does the accounting in a lean environment differ from traditional accounting? 1. Determine the budgeted cell per hour. per hour Points: 0/1 Feedback Check My Work Budgeted Conversion Cost/Production Hours = Conversion Rate 2. Determine the budgeted cell conversion cost per unit. If required, round your answer to the nearest whole dollar. per unit Feedback Check My Work (Cell Process Time 160 Minutes) * Conversion Rate from Req. 1 = Conversion Cost per unit 3. Joumalize the summary transactions for April 30. Refer to the Chart of Accounts for exact wording of account titles. Question not attempted. 4. Detemine the ending balance in Raw and in Process Inventory and Finished Goods Inventory Raw and In Process Inventory Finished Goods Inventory Feedback - Check My Work Set up a T-account for Raw and In Process Inventory and Finished Goods Inventory and post your entries from Req. (3) to obtain the balances. 5. How does the accounting in a lean environment differ from traditional accounting? Lean accounting is different from traditional accounting because it is more simplified V and uses performance measures, such as lead time or quality measures V, are used to monitor performance

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