Pin Drop Technologies, Inc. budgeted the following conversion costs for its just-in-time cell manufacturing and assembling a mobile phone: Conversion Cost Categories Budget Labor $ 10.000 Supplies 2,400 Utilities 2,000 Total $ 14,400 Pin Drop plans to produce 1,200 assemblies. Each each assembly requires 15 minutes of cell time. 300 hours of production is budgeted for the mobile phone cell. Using just-in-time costing, what entry should be made to apply conversion costs to the 1.200 assemblies in the cell? Work in process 14,400 Factory overhead 14,400 Work in process 4,400 Factory overhead 4,400 Raw and in process inventory 14.400 Conversion costs 14,400 Pin Drop plans to produce 1.200 assemblies. Each each assembly requires 15 minutes of cell time, 300 hours of production is budgeted for the mobile phone cell. Using just-in-time costing, what entry should be made to apply conversion costs to the 1.200 assemblies in the cell? Work in process 14.400 Factory overhead 14.400 Work in process 4,400 Factory overhead 4.400 Raw and in process inventory 14,400 Conversion costs 14.400 Raw and in process inventory 4,400 Conversion costs 4.400