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Product Cost in Total and Per Unit Grin Company manufactures digital cameras. In January, Grin produced 4,000 cameras with the following costs: Direct materials, $400,000;
Product Cost in Total and Per Unit Grin Company manufactures digital cameras. In January, Grin produced 4,000 cameras with the following costs: Direct materials, $400,000; Direct labor, $80,000; Manufacturing overhead, $320,000. There were no beginning or ending inventories of WIP. Refer to the information for Grin Company above. What was total product cost in January? What was product cost per unit in January
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