Assessment 2 Part 2: Operations Costing Scenario: Nevada Instruments manufactures two models of calculators. The finance model is the Financial 5 and the scientific model is the Scientific 6. Both models are assembled in the same plant and require the same assembling operations. The difference between the models is in the cost of the parts. The following data are available for August: Financial 5 11,000 Scientific 6 44,000 Total 55,000 $30 Number of units Parts cost per unit $25 Other costs: Direct labor Indirect materials Overhead Total $ 68,200 19,250 77,550 $165,000 REQUIRED Nevada Instruments uses operations costing and assigns conversion costs based on the number of units assembled. Compute the cost per unit of the Financial 5 and Scientific 6 models for August. Show all calculations. Financial 5 Scientific 6 Answers