J&J Inc is a manufacturer of digital cameras It has two departments assembly and testing in January, the company incurred 5860,000 on direct materials and $956 200 on conversion costs for a total manufacturing cost of $1.816.200 Required Requirement 1. Assume there was no beginning inventory of any kind on January 1 During January 5,000 cameras were placed into production and all5.000 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 cont) Direct materials cost per unit Conversion cost per unit Assembly department cost per unit Required x 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? 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 remaining 3.000 cameras are only 75% 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