Prime Cost and Conversion Cost

Grin Company manufactures digital cameras. In January, Grin produced $4,000$ cameras with the following costs:

Direct materials

$$400,000$

$80,000$

$320,000$

Direct labor

Manufacturing overhead

There were no beginning or ending inventories of WIP.

Required:

If required, round your answers to the nearest cent.

What was the total prime cost in January?

$

What was the prime cost per unit in January?

$

per unit

What was the total conversion cost in January?

$

What was the conversion cost per unit in January?

$

per unit