Prime Cost and Conversion Cost Grin Company manufactures digital cameras. In January, Grin produced 3,750 cameras with t

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Prime Cost And Conversion Cost Grin Company Manufactures Digital Cameras In January Grin Produced 3 750 Cameras With T 1 (26.34 KiB) Viewed 11 times

Prime Cost and Conversion Cost Grin Company manufactures digital cameras. In January, Grin produced 3,750 cameras with the following costs: Direct materials Direct labor $520,000 192,000 800,000 Manufacturing overhead There were no beginning or ending inventories of WIP. Required: If required, round your answers to the nearest cent. 1. What was the total prime cost in January? 2. What was the prime cost per unit in January? per unit 3. What was the total conversion cost in January? 4. What was the conversion cost per unit in January? per unit