Instructions Modern Lighting Inc. manufactures lighting fixtures, using lean manufacturing methods. Style Omega has a materials cost per unit of $140. The budgeted conversion cost for the year is $180,600 for 2,150 production hours. A unit of Style Omega requires 15 minutes of cell production time. The following transactions took place during June: 1. Materials were acquired to assemble 850 Style Omega units for June. 2. Conversion costs were applied to 850 Style Omega units of production. 3. 835 units of Style Omega were completed in June. 4. 820 units of Style Omega were sold in June for $191 per unit. Required: a. Determine the budgeted cell conversion cost per hour. b. Determine the budgeted cell conversion cost per unit. C. Journalize the summary transactions (1)-(4) for June. Refer to the Chart of Accounts for exact wording of account titles. a. Determine the budgeted cell conversion cost per hour. per hour b. Determine the budgeted cell conversion cost per unit. per unit PAGE 10 JOURNAL DATE DESCRIPTION POST. REF. DEBIT CREDIT