Question

Refer to the information for Grin Company above.
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.

Required:
1. What was the total prime cost in January?
2. What was the prime cost per unit in January?
3. What was the total conversion cost in January?
4. What was the conversion cost per unit in January?


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  • CreatedSeptember 22, 2015
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