Grand Prix Displays Inc. manufactures and assembles automobile instrument panels for both Yokohama Motors and Detroit Motors. The process consists of a lean product cell for each customer's instrument assembly. The data that follow concern only the Yokohama lean For the year, Grand Prix Displays Inc. budgeted the following costs for the Yokohama production cell: Conversion Cost Categories Budget 2 Labor 3 Supplies 4 Utilities 5 Total 464,000.00 44,000.00 32,000.00 $540,000.00 Grand Prix Displays Inc. plans 2,000 hours of production for the Yokohama cell for the year. The materials cost is $140 per instrument assembly. Each assembly requires 15 minutes of cell assembly time. There was no November 1 inventory for either