ch27 34

help on these 2 please im super confused

Modern Lighting Inc. manufactures lighting fixtures, using lean manufacturing methods. Style Omega has a materials cost per unit of $28. The budgeted convension cost for the year is $192,000 for 3,200 production hours. A unit of 5 tyle Omega requires 20 minutes of cell production time. The following transactions took place during June: 1. Materials were acquired to assemble 700 Style Omega units for June. 2. Conversion costs were applied to 700 Style Omega units of production. 3. 650 units of Style Omega were completed in June: 4. 610 units of Style Omega were sold in June for $90 per unit. a. Determine the budgeted cell conversion cost per hour. If required, round to the nearest cent. per hour b. Determine the budpeted cell conversion cost per unit. If required, round to the nearest cent. s per unit c. Journalize the summary transactions (1)-(4) for June. If required, round your answers to one decimal place. If an amount box does not require an entry, leave it blank. 1. Raw and in Prockss Inventory Accounts Payabie 2. Bow and In Process Inventory Conversion costs 3. Einished coods Inventory gaw and in process thventory 4. Sale Accounts Receivable Sales 4. Cost Costorcoods sold Eirished coods tninntery Vintage Audio inc. manufactures audio speakers, Each speaker requires $123 per unit of direct materials. The speaker manufacturing assembly cell includes the following estimated costs for the period: Speaker assembly cell, estimated costs: Labor $59,040 Depreciation 7,920 Supplies 2,880 Power Total cell costs for the period The operating plan calls for 150 operating hours for the period. Each speaker requires 12 minutes of cell process time. The unit solling price for each speaker is $333. During the period, the following transactions occurred: 1. Purchased materials to produce 550 speaker units. 2. Applied conversion costs to production of 525 speaker units. 3. Completed and transferred 500 speaker units to finished goods. 4. Sold 480 speaker units. There were no inventories at the beginning of the period. a. Journalize the summary transactions (1)-(4) for the period, Round the per unit cost to the nearest cent and use in subsequant cornputations. If an amount box does not require an entry, leave it blank. 1. kaw and In Process fmentory 67,650 Accounts Payabe 67,650 2. Puw and in Process Inventory Comveron Costs 3. Einished Goods Inventory Row and in Process Imventory