Lean Accounting Vintage Audio Inc. manufactures audio speakers. Each speaker requires $11s per unit of...
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Lean Accounting Vintage Audio Inc. manufactures audio speakers. Each speaker requires $11s per unit of direct materials. The speaker costs for the period Speaker assembly cell, estimated costs Labor Depreciation Supplies Power Total cell costs for the period 6,930 2,520 The operating plan cals for 175 operating hours for the period. Each speaker requires 15 minutes of cell process time. The unit seling price for each speaker is $312, Duning the period, the following transactions occurred 2. Applied conversion costs to production of 390 speaker unts. 3 Completed and transferred 375 speaker units to finished goods. 4. Sold 355 speaker units. There were no inventornes at the beginning of the periosd


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