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need help with 3 Dashboard lnc. plans 2,000 hours of production for the eCar cell for the year. The materiats cost is $240 per instrument
need help with 3
Dashboard lnc. plans 2,000 hours of production for the eCar cell for the year. The materiats cost is $240 per instrument assembly. Each assembly requires 24 minutes of celi assembly time. There was no April 1 inventory for either Ray and in Process Inventory or Finished Goods Inventary. The following summary events took place in the eCar celf during April; a. Electronic parts and wiring were purchased to produce 450 instrument assemblies in Aptil. b. Conversion costs wece applied for the production of 400 units in April. c. 380 units were started, completed, and tranaferred to finished goods in April. d. 350 units were shipped to customers at a price of $800 per unit. Requiredt 1. Determine the budgeted cell conversion cost per hour. per hoar 2. Determine the budgeted cell conversion cost.per unit: per unit Feethach. V Cheak My Werk 1. Cell Corrversion Cast Rate = Budgeted Conversion Cost Planned Hours of Production 2. Conversion Cost Fer Unit = Manufacturing Time x Cell Conversinn Cost Rate 3. Journalize the summary transactions (a) through (d), If an amount box does not require an entry, leave it blarik Step by Step Solution
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