Candid Company is a manulacturer of digital cameras. It bas two departments: assembly and testing. In January, this year, the compuny incurred e775,000 on direct matariais and fa00, 0co on converion costs, for a total manulacturing cost of t1,575,000. Requirements 1. Assume there was no bogitning inventory of any kind on January 1, this yoar. During danuary, 10,000 cameeras were placed into production and all 10,000 were fully completed at the end of the month: What is the unit eost of an atsemblod camera in January? 2. Assume that during Fobruary 10,000 cameras are placed into peodoction. Further assume the same toal assombly costs for January are also incurred in Fobruary, but only 5,000 cameras are fully completed at the end of the month. A. direct materials have been added to the nomaining 5,000 cameras. However, on average, these remaining 5,000 cameras are only 25% compleit as to convertion costs. (a) What are the equivalent unts for derect materiais and convection conts and their respective costs per equivaliant unit for Febrairy? (b) What is the unit cost of an. assembled camera in February, this year? 3. Explain the difference in your andwers to requiremeats 1 and 2 . Requirement 1. Assume there was no begining inventory of any kind on January 1, this yeat During January, 10.000 cameras were placed into production and al 10,000 were Ally comploted at the end of the month. What is the unt cost of an assembled camera in January? fRound your antwers to the nearest cent) Requirement 2. (a) What are the oquivalent units for direct materials and conversion costs and their reapective costs per equivalent unit for February? First caicuilate the equivalont u arswers Bs integers.) 3. Explain the difference in your answers to requirements 1 and 2 . Now calculate the direct materials and conversion costs per equivalent unit for February. (Round your answers to the ne (b) What is the unit cost of an assembled camera in February, this year? (Round your answers to the nearest cent.) Assembly department cost per unit