Accounting for just-in-time operations requires fewer transactions because

Foley Electronics Corporation manufactures and assembles electronic motor drives for video cameras. The company assembles the motor drives for several accounts. The process consists of a just-in-time cellfor each customer. The following information relates only to one customer's just-in-time cell for thecoming year. Projected labor and overhead, $4,800,000; materials costs, $25 per unit. Planned productionincluded 2,400 hours to produce 19,200 motor drives. Actual production for August was 1,300 units, and motor drives shipped amounted to 1,260 units