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Lisa is examining her company's three key processes, where important conversion work takes place. Most, but not all, units require Operation 1 (machining). All
Lisa is examining her company's three key processes, where important conversion work takes place. Most, but not all, units require Operation 1 (machining). All units require Operations 2 (assembly) and 3 (quality control). Since not every unit requires all three processes, the company utilizes an operation costing approach. The following budgeted costs and production volumes reflect beginning-of-the-year estimates. Machining, Operation 1 Assembly, Operation 2 Quality control, Operation 3 Budgeted Cost Budgeted Volume in Units $252,300 82,025 53,075 87,000 96,500 96,500 Calculate a budgeted conversion cost rate per unit for each of the three operations. (Round answers to 2 decimal places, e.g. 15.25.) Conversion cost rate per unit $ Machining, operation 1 $ LA Assembly, operation 2 Quality control, operation 3 $
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