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Product Cost in Total and Per Unit Grin Company manufactures digital cameras. In January, Grin produced 3,250 cameras with the following costs: Direct materials $640,000

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Product Cost in Total and Per Unit Grin Company manufactures digital cameras. In January, Grin produced 3,250 cameras with the following costs: Direct materials $640,000 Direct labor 128,000 Manufacturing overhead 512,000 There were no beginning or ending inventories of WIP. Required: 1. What was the total product cost in January? 2. What was the product cost per unit in January? Round your answer to the nearest cent. per unit Direct Materials used in Production Slapshot Company makes ice hockey sticks. On June 1, Slapshot had $40,000 of materials in inventory. During the month of June, the company purchased $128,000 of materials. On June 30, materials inventory equaled $54,000 Required: Calculate the direct materials used in production for the month of June

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