Snapehot Coerpary is a manufacturer of d.gtal cameran. It has two depariments assombly and testing In danuary, thin year, the company incurred f750,000 on direct manerlals and fa00,000 on corversion costs, for a total manutacturing cost of 61,550,000. Requirements 1. Assume there was no beginning invertory of any kind on Jmuary 1, thit year, During Januacy, 10,000 cameras were placed into production and all 10,000 were taly completed at the end of the month. What is the unt eoct of an ascembled camera in danuary? 2. Assume that duing February 10,000 camecas are placed into production. Further aswume the same tolal assambly conts for January are also incurred in Fabruary but ony a ooo earmeras are fully completed at the end of the month. Al direct materials hove been added to the remsining 2,000 camefas. However, on average, these femaining 2.000 cameras are only 25% complete at to coeverion coste. (a) What are the equivalent units for direct malerials and conversion costs and their respective costs per equivalent unil bor Febrary? (b) What is the unit cott of an assembled camera in Febriany, this year? 3. Explain the diference in your antwers to requicemerts 1 and 2 Requirement 1. Assume then was ne begiving inventory of any kind on January 1, this year. Durng danuary 10.000 cameeas aeie placed uto producton avd at 10,000 were fuly complated at the end of the month. What is the unt cosi of an mbemblod camera in January? (lecend your answer to the neareut cent.)