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Question attached in the picture. I can solve the first 4 questions, however, I am not sure the last two - question 5 and 6.

Question attached in the picture.

I can solve the first 4 questions, however, I am not sure the last two - question 5 and 6.

Please help me to solve and explain the answer carefully in detail.

Thank you.

image text in transcribed
Exercise 2-15 Prime Cost and Conversion Cost SureShot Company manufactures digital cameras. In January, SureShot produced 19,200 cameras with the following costs: Direct materials $1,200,000 Direct labour 240,000 Manufacturing overhead 960,000 There were no beginning or ending inventories of WIP. In addition to these manufacturing of $1,600,000. costs, the company incurred administrative costs of $2,600,000 and marketing and selling costs Required: 1. What was the total prime cost in January? $1, 440, 050 2. What was the prime cost per unit in January? $75 3. What was the total conversion cost in January? $4, 260, 508 4. What was the conversion cost per unit in January? 462.5 5. What is the full cost of a single unit during this accounting period? 6. CONCEPTUAL CONNECTION How would the full cost be used rather than the product costs referred to above

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