Question: Lean Accounting The annual budgeted conversion costs for a lean cell are $ 7 7 , 2 8 0 for 1 , 4 0 0
Lean Accounting
The annual budgeted conversion costs for a lean cell are $ for production hours. Each unit produced by the cell requires minutes of cell process time. During the month, units are manufactured in the cell. The estimated materials cost is $ per unit. Provide the following journal entries:
Do not round interim calculations. If required, round your answers to the nearest dollar.
a Materials are purchased to produce units.
b Conversion costs are applied to units of production.
c units are completed and placed into finished goods.
a
b
c
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