could you please solve number 3 amd show the work

Cycle Time, Velocity, Product Costing Goldman Company has a IT system in place toch manufacturing cell is dedicated to the production of a single product or major subassembly. One call, dedicated to the production of telescopes, has four operations: machining, finishing, assembly, and qualifying (testing). For the coming year, the telescope cel has the following budgeted costs and cell time (both at theoretical capacity): Budgeted conversion costs $7,500,000 Budgeted raw materiais $5,500,000 Call time 12,000 hours Theoretical output 115,200 telescopes During the year, the following actual results were obtained Actu conversion costs 17.500,000 Actual materials $5,200,000 Actual cell time 12,000 hours Actual output 72,000 telescopes 3. Conceptual Connection: Compute the budgeted conversion costs per minute. Using this rate, compute the conversion costs per telescope if theoretical output is achieved. Using this measure, compute the conversion costs per telescope for actual output. Round your answers to the nearest cent. Budgeted conversion costs 37.5 X per minute Theoretical conversion costs per telescope 65.10 x Actual conversion coats per telescope 104 X Does this product costing approach provide an incentive for the cell manager to reduce cycle time? Explain Yes. By reducing cycle time, the cost per unit can be reduced