w2lOnlinex e The Annual Budgeted Co YG Lean Accounting The amx. A ow.com/lirn/takeAssignment/takeAssignmentMain.do?invoker-assignments&takeAss. Lean Accounting The annual budgeted conversion costs for a lean cell are $180,000 for 2,000 production hours. Each u produced by the cell requires 18 minutes of cel process time. During the month, 550 units are manufactured in the cell. The estimated materials costs are $32 per unit. Provide the following journal entries: a. Materials are purchased to produce 600 units. b. Conversion costs are applied to 550 units of production. c. 500 units are completed and placed into finished goods. a RawMateriais -180,000 X Converslon Costs X b. c. a. Increase Raw and In Process Inventory (aebit) and increase Accounts Payable (credit) for per