Lean Accounting Textb nated The annual budgeted conversion costs for a lean cell are $351,540 for 3,100 production hours. Each unit produced by the cell requires 10 minutes of cell process time. During the month, 2,620 units are manufactured in the cell. The estimated materials cost is $85 per unit. Provide the following journal entries: (Do not round interim calculations. If required, round your answers to the nearest dollar.) uce 60 550 un aced int a. Materials are purchased to produce 2,760 units. Con b. Conversion costs are applied to 2,620 units of production Production. c. 2,490 units are completed and placed into finished goods. iventory a. Raw and In Process Inventory Accounts Payable tory b. Raw and In Process Inventory ventory Conversion Costs c Finished Goods Inventory Raw and In Process Inventory Cost $ All work saved. bduction hour Submit Test for Grading