Lean Accounting Com-Tline manufactures and sembles two models of sinartphones-the Tiger Model and the Lion Model The process conests of an cell for each product. The data that fui concern on the Lion How Rean cel For the year. Com Teline, budete these costs for the Lion Model production et Conversion Cost Categories Budget Labor 18.700 Supplies 33,600 Unes 12.100 Total 1134.400 Com Telpune 7,000 hours of reduction for the Lion Model call for the year. The materials cos 141 per Each my requires 15 minutes of all time. There was no May 1 inventory for either law and In Process Inventory or Finished Goods Inventory The following may events to ace in the Lion Model olluring May a Electronic parts were purchased to produce 9.500 Lion Model assemblies in May . Conversion costs were applied for 9,050 units of production in May 65,870 units were completed and transferred to finished goods in May 6.5.600 ribs were soned to customers at a price of 5192 per unit If required, round your answers to the nearest cent. Required 1. Determine the budgeted coconversion cost per hour per hour 2. Determine the budgeted cel conversion cost per unit perunt 3. Joure the summary transactions (a) through (d). If an amount box does not require an entry, leave bank Previous All work saved Bar Samen met men fordi tock 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 II II II 4. Sale 4. Cost 4. Determine the ending balance in Raw and in Process Inventory and finished Goods Inventory Raw and Process Inventory Finished Goods Inventory S. Lan accounting is different from traditional accounting because it is more many lean operations, perchased materials are charged to Direct laboris monitor performance and uses control. As a result, the number of transactions are Often, non financial performance measures, such as Check My Wan Next > All work ved Em Save and Stor Game Lean Accounting Com-Tline manufactures and sembles two models of sinartphones-the Tiger Model and the Lion Model The process conests of an cell for each product. The data that fui concern on the Lion How Rean cel For the year. Com Teline, budete these costs for the Lion Model production et Conversion Cost Categories Budget Labor 18.700 Supplies 33,600 Unes 12.100 Total 1134.400 Com Telpune 7,000 hours of reduction for the Lion Model call for the year. The materials cos 141 per Each my requires 15 minutes of all time. There was no May 1 inventory for either law and In Process Inventory or Finished Goods Inventory The following may events to ace in the Lion Model olluring May a Electronic parts were purchased to produce 9.500 Lion Model assemblies in May . Conversion costs were applied for 9,050 units of production in May 65,870 units were completed and transferred to finished goods in May 6.5.600 ribs were soned to customers at a price of 5192 per unit If required, round your answers to the nearest cent. Required 1. Determine the budgeted coconversion cost per hour per hour 2. Determine the budgeted cel conversion cost per unit perunt 3. Joure the summary transactions (a) through (d). If an amount box does not require an entry, leave bank Previous All work saved Bar Samen met men fordi tock 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 II II II 4. Sale 4. Cost 4. Determine the ending balance in Raw and in Process Inventory and finished Goods Inventory Raw and Process Inventory Finished Goods Inventory S. Lan accounting is different from traditional accounting because it is more many lean operations, perchased materials are charged to Direct laboris monitor performance and uses control. As a result, the number of transactions are Often, non financial performance measures, such as Check My Wan Next > All work ved Em Save and Stor Game
