Lean Accounting

The annual budgeted conversion costs for a lean cell are $$180,000$ for $1,000$ production hours. Each unit produced by the cell requires $20$ minutes of cell process time. During the month, $600$ units are manufactured in the cell. The estimated materials costs are $$30$ per unit.

$($Do not round per unit cost. If required, round your answers to the nearest dollar.$)$

Journalize the following entries for the month:

a$.$ Materials are purchased to produce $500$ units.

b$.$ Conversion costs are applied to $600$ units of production.

c$.$ The cell completes $450$ units, which are placed into finished goods.

If an amount box does not require an entry, leave it blank.