Instructions Right Now Video Inc. uses a lean manufacturing strategy to manufacture DVR (digital video recorder) players. The company manufactures DVR players through a single product cell. The budgeted conversion cost for the year is $324,000 for 1,800 production hours. Each unit requires 9 minutes of cell process time. During July, 1,350 DVR players are manufactured in the cell. The materials cost per unit is $120. The following summary transactions took place during July Jul Materials are purchased for July production 3 15 25 Conversion costs were applied to production. 1,350 DVR players are assembled and placed in finished goods. 1,320 DVR players are sold for $355 per unit. Required: A. Determine the budgeted cell conversion cost per hour. B. Determine the budgeted cell conversion cost per unit. Round your answer to 1 decimal place. C. Journalize the summary transactions for July. Refer to the Chart of Accounts for exact wording of account titles