Ever-Brite Lighting Inc. manufactures lighting fixtures, using lean manufacturing methods. Style BB-01 has a materials cost per unit of $45. The budgeted conversion cost for the year is $193,200 for...

Ever-Brite Lighting Inc. manufactures lighting fixtures, using lean manufacturing methods. Style BB-01 has a materials cost per unit of $45. The budgeted conversion cost for the year is $193,200 for 2,100 production hours. A unit of Style BB-01 requires 15 minutes of cell production time. The following transactions took place during December:

1.            Materials were acquired to assemble 700 Style BB-01 units for December.

2.            Conversion costs were applied to 700 Style BB-01 units of production.

3.            685 units of Style BB-01 were completed in December.

4.            670 units of Style BB-01 were sold in December for $128 per unit.

a.            Determine the budgeted cell conversion cost per hour.

b.            Determine the budgeted cell conversion cost per unit.

c.             Journalize the summary transactions (1)–(4) for December.