Lean Accounting The annual budgeted conversion costs for a lean cell are $178,560 for 3,200 production hours. Each unit produced by the cell requires 20 minutes of cell process time. During the month, 1,170 units are manufactured in the cell. The estimated materials cost is $83 per unit. Provide the following journal entries: A (Do not round interim calculations. If required, round your answers to the nearest dollar.) a. Materials are purchased to produce 1,230 units. b. Conversion costs are applied to 1,170 units of production. c. 1,110 units are completed and placed into finished goods. a. Raw and In Process Inventory Accounts Payable b. Raw and In Process Inventory Conversion Costs c. Finished Goods Inventory -V Raw and In Process Inventory Feedback