Lean Accounting cell. For the year, Dashboard Inc. budgeted the following costs for the eCar production cell: Inventory or Finished Goods Inventory. The following summary events took place in the eCar cell during April: a. Electronic parts and wiring were purchased to produce 450 instrument assemblies in April. b. Conversion costs were applied for the production of 400 units in April. c. 380 units were started, completed, and transferred to finished goods in April. d. 350 units were shipped to customers at a price of $800 per unit. Required: 1. Determine the budgeted cell conversion cost per hour. per hour 2. Determine the budgeted cell conversion cost per unit. per unit 3. Journalize the summary transactions (a) through (d). If an amount box does not require an entry, leave it blank. a. Raw and In Process Inventory Accounts Payable V b. Raw and In Process Inventory Conversion Costs Raw and In Process Inventory d. Sale Accounts Receivable Sales 108,000 112,000 197,600 280,000 182,000 Finished Goods Inventory v d. Cost Cost of Goods Sold 182,000 4. Determine the ending balance in Raw and In Process Inventory and Finished Goods Inventory. Raw and In Process Inventory: Finished Goods Inventory: 5. Lean accounting is different from traditional accounting because it is more and uses control. As a result, the number of transactions are . In many lean operations, purchased materials are charged to a . Direct labor is . Often, nonfinancial performance measures, such as , are used to monitor performance. Lean Accounting cell. For the year, Dashboard Inc. budgeted the following costs for the eCar production cell: Inventory or Finished Goods Inventory. The following summary events took place in the eCar cell during April: a. Electronic parts and wiring were purchased to produce 450 instrument assemblies in April. b. Conversion costs were applied for the production of 400 units in April. c. 380 units were started, completed, and transferred to finished goods in April. d. 350 units were shipped to customers at a price of $800 per unit. Required: 1. Determine the budgeted cell conversion cost per hour. per hour 2. Determine the budgeted cell conversion cost per unit. per unit 3. Journalize the summary transactions (a) through (d). If an amount box does not require an entry, leave it blank. a. Raw and In Process Inventory Accounts Payable V b. Raw and In Process Inventory Conversion Costs Raw and In Process Inventory d. Sale Accounts Receivable Sales 108,000 112,000 197,600 280,000 182,000 Finished Goods Inventory v d. Cost Cost of Goods Sold 182,000 4. Determine the ending balance in Raw and In Process Inventory and Finished Goods Inventory. Raw and In Process Inventory: Finished Goods Inventory: 5. Lean accounting is different from traditional accounting because it is more and uses control. As a result, the number of transactions are . In many lean operations, purchased materials are charged to a . Direct labor is . Often, nonfinancial performance measures, such as , are used to monitor performance