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The annual budgeted conversion costs for a lean cell are $ 1 1 0 , 7 0 0 for 2 , 7 0 0 production
The annual budgetedconversion costsfor a lean cell
are $ for production hours. Each unit produced by the
cell requires minutes of cellprocesstime During the
month, units are manufactured in the cell. The estimated
materials cost is $ per unit. Provide the following journal
entries:aMaterials are purchased to produce
units.bConversion costs are applied to
units of production.c units are completed and placed
into finished goods.
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