Modern Lighting Inc manufactures lighting fixtures, using lean manufacturing methods Style Omega has a materials cost per unit of $33 The budgeted conversion cost for the year is $127,500 for 2,500 production hours A unit of Style Omega requires 12 minutes of cell production time The following transactions took place during June Materials were acquired to assemble 930 Style Omega units for June Conversion costs were applied to 930 Style Omega units of production 860 units of Style Omega were completed in June 810 units of Style Omega were sold in June for $90 per unit a Determine the budgeted cell conversion cost per hour If required, round to the nearest cent $fill in the blank e2b3500e6062fc3 1 per hour b Determine the budgeted cell conversion cost per unit If required, round to the nearest cent $fill in the blank e2b3500e6062fc3 2 per unit c Journalize the summary transactions (1)(4) for June If required, round your answers to one decimal place If an amount box does not require an entry, leave it blank 1 Accounts PayableConversion CostsCost of Goods SoldFinished Goods InventoryRaw and In Process Inventory Select Select Accounts PayableConversion CostsCost of Goods SoldFinished Goods InventoryRaw and In Process Inventory Select Select 2 Accounts PayableConversion CostsCost of Goods SoldFinished Goods InventoryRaw and In Process Inventory Select Select Accounts PayableConversion CostsCost of Goods SoldFinished Goods InventoryRaw and In Process Inventory Select Select 3 Accounts PayableConversion CostsCost of Goods SoldFinished Goods InventoryRaw and In Process Inventory Select Select Accounts PayableConversion CostsCost of Goods SoldFinished Goods InventoryRaw and In Process Inventory Select Select 4 Sale Accounts ReceivableConversion CostsCost of Goods SoldFinished Goods InventorySales Select Select Accounts ReceivableConversion CostsCost of Goods SoldFinished Goods InventorySales Select Select 4 Cost Accounts ReceivableConversion CostsCost of Goods SoldFinished Goods InventorySales Select Select Accounts ReceivableConversion CostsCost of Goods SoldFinished Goods InventorySales Select Select

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Modern Lighting Inc. manufactures lighting fixtures, using lean manufacturing methods. Style Omega has a materials cost per unit of $33. The budgeted conversion cost for

Modern Lighting Inc. manufactures lighting fixtures, using lean manufacturing methods. Style Omega has a materials cost per unit of $33. The budgeted conversion cost for the year is $127,500 for 2,500 production hours. A unit of Style Omega requires 12 minutes of cell production time. The following transactions took place during June:

Materials were acquired to assemble 930 Style Omega units for June.
Conversion costs were applied to 930 Style Omega units of production.
860 units of Style Omega were completed in June.
810 units of Style Omega were sold in June for $90 per unit.

a. Determine the budgeted cell conversion cost per hour. If required, round to the nearest cent. $fill in the blank e2b3500e6062fc3_1 per hour

b. Determine the budgeted cell conversion cost per unit. If required, round to the nearest cent. $fill in the blank e2b3500e6062fc3_2 per unit

c. Journalize the summary transactions (1)(4) for June. If required, round your answers to one decimal place. If an amount box does not require an entry, leave it blank.

1.	Accounts PayableConversion CostsCost of Goods SoldFinished Goods InventoryRaw and In Process Inventory	- Select -	- Select -
	Accounts PayableConversion CostsCost of Goods SoldFinished Goods InventoryRaw and In Process Inventory	- Select -	- Select -
2.	Accounts PayableConversion CostsCost of Goods SoldFinished Goods InventoryRaw and In Process Inventory	- Select -	- Select -
	Accounts PayableConversion CostsCost of Goods SoldFinished Goods InventoryRaw and In Process Inventory	- Select -	- Select -
3.	Accounts PayableConversion CostsCost of Goods SoldFinished Goods InventoryRaw and In Process Inventory	- Select -	- Select -
	Accounts PayableConversion CostsCost of Goods SoldFinished Goods InventoryRaw and In Process Inventory	- Select -	- Select -
4. Sale	Accounts ReceivableConversion CostsCost of Goods SoldFinished Goods InventorySales	- Select -	- Select -
	Accounts ReceivableConversion CostsCost of Goods SoldFinished Goods InventorySales	- Select -	- Select -
4. Cost	Accounts ReceivableConversion CostsCost of Goods SoldFinished Goods InventorySales	- Select -	- Select -
	Accounts ReceivableConversion CostsCost of Goods SoldFinished Goods InventorySales	- Select -	- Select -