PRODUCT COST IN TOTAL AND PER UNIT Grin Company manufactures digital cameras. In January, Grin produced 6,400

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PRODUCT COST IN TOTAL AND PER UNIT Grin Company manufactures digital cameras. In January, Grin produced 6,400 cameras with the following costs:

Direct materials $400,000 Direct labor 80,000 Manufacturing overhead 320,000 There were no beginning or ending inventories of WIP.

Required:

. What was the total product cost in January?

. What was the product cost per unit in January?

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Related Book For  book-img-for-question

Cornerstones Of Financial Accounting Current Trends Update

ISBN: 9781111527952

1st Edition

Authors: Jay Rich , Jeff Jones, Maryanne Mowen , Don Hansen

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