The budgeted conversion costs for a just-in-time cell are $225,000 for 1,800 production hours. Each unit produced by the cell requires 24 minutes of cell process time. During the month, 400 units are manufactured in the cell. The estimated materials cost are $105 per unit. Provide the following journal entries:
a. Materials are purchased to produce 415 units.
b. Conversion costs are applied to 380 units of production.
c. 365 units are completed and placed into finished goods.