Question
help asap Modern Lighting Inc. manufactures lighting foxtures, using lean manufacturing methodsStyle Omega has a materials cost per of $29. The budgeted for the year
help asap Modern Lighting Inc. manufactures lighting foxtures, using lean manufacturing methodsStyle Omega has a materials cost per of $29. The budgeted for the year $118,800 for 1,800 production hoursA unit of Style Omega requires 20 minutes of cell production time. The following transactions took place during June
1. Materials were acquired to assemble 780 Style Omega units for June. 2. Conversion costs were applied to 780 Style Omega units of production 3. 730 units of Style Omega were completed in June. 680 units of Style Omega were sold in June for $100 per unit.
of Stye Omega requires 20 minutes of cell producian time. The following transictions took place during June 1. Materisls were acquired to ossemble 7so style Omegs units for Juse. 2. Comerson costs were applied to 760 style Orsege units of production. 3.730 ueuts of Style Omegs were completed in lune. 4. cio units of 5 trle Omega were sold in lune for 5100 Der unit. a. Determene the budgeted cell corveryen sost wer hour If required, round to the nearest cent. per bour b. Dotritine the budgetad cell convension cost per unit. If mauired, round to the nearest cent. Pering Lean Accounting Modern Lighting Inc: manufactures lighting fixtures, using lean manufacturing methods. Style Omega has a materials of Style Omega requires 20 minutes of cell production time. The following transactions took place during June: 1. Materials were acquired to assemble 780 Style Omega units for June. 2. Conversion costs were applied to 780 Style Omega units of production. 3. 730 units of Style Omega were completed in June. 4. 680 units of Style Omega were sold in June for $100 per unit. a. Determine the budgeted cell conversion cost per hour. If required, round to the nearest cent. per hour b. Determine the budgeted cell conversion cost per unit. If required, round to the nearest cent. s. per unit c. Journalize the summary transactions (1)-(4) for June. If required, round your answers to one decimal place. If an 1 4
Modern Lighting Inc. manufactures lighting foxtures, using lean manufacturing methodsStyle Omega has a materials cost per of $29. The budgeted for the year $118,800 for 1,800 production hoursA unit of Style Omega requires 20 minutes of cell production time. The following transactions took place during June
1. Materials were acquired to assemble 780 Style Omega units for June. 2. Conversion costs were applied to 780 Style Omega units of production 3. 730 units of Style Omega were completed in June. 680 units of Style Omega were sold in June for $100 per unit.
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