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C&C Inc. is a manufacturer of digital cameras. It has two departments: assembly and testing. In January, the company incurred $930,000 on direct materials and $957,200 on conversion costs for a total manufacturing cost of $1,887,200. Required Incot GO Requirement 1. Assume there was no beginning inventory of any kind on January 1. During January 5,000 cameras were placed into production and all 5,000 were fully completed at the end of the month. What is the unit cost of an assembled camera in January? (Round your answers to the nearest cent.) Direct materials cost per unit 186.00 Conversion cost per unit 191.44 377 44 Assembly department cost per unit Requirement 2a. Assume that during February 5,000 cameras were placed into production. Further, assume the same total assembly costs for January are also incurred in February, but only 2,000 cameras are fully completed at the end of February. All direct materials have been added to the remaining 3,000 cameras However, on average, these remaining 3,000 cameras are only 60% complete as to conversion costs. What are the equivalent units for direct materials and conversion costs and their respective costs per equivalent unit for February? First calculate the equivalent units for both direct materials and conversion costs. Equivalent Units Direct Materials Conversion Costs Completed and transferred out in current period Work in process, ending Work done in current period Clear all Check answer LUS Points: 1.36 of 10 Save nufacturer of digital cameras. It has two departments: assembly and testing. In January, the company incurred $930,000 on direct materials and wersion costs fa Required - X Ince Assume there the end of the production and all 5.000 were cent.) cost per unit per unit 1. Assume there was no beginning inventory of any kind on January 1. During January 5,000 cameras were placed into production and all 5,000 were fully completed at the end the month. What is the unit cost of an assembled camera in January? 2. Assume that during February, 5,000 cameras were placed into production. Further, assume the same total assembly costs for January are also incurred in February, but only 2,000 cameras are fully completed at the end of February. All direct materials have been added to the remaining 3.000 cameras. However, on average, these aining 3,000 cameras are only 60% complete as to conversion costs. (a) What are the equivalent units for direct materials and conversion costs and their respective costs per equivalent unit for February? (b) What is the unit cost of an assembled camera in February? 3. Explain the difference in your answers to requirements 1 and 2. ment cost pe Assume that ry, but only 2. ege, these ren pective costs equivalent un posts for January are also aining 3,000 cameras. direct materials and conversion Print Done ansferred ou ondinn