Required

Direct materials cost per unit

Conversion cost per unit

Assembly department cost per unit

First calculate the equivalent units for both direct materials and comversion costs.

Equivalent Units

Now calculate the direct materials and conversion costs per equivalent unit for February. $($Round your final answers to the nearest cent.$)$

Direct Materials Conversion Costs

Requirement $2$b$.$ What is the unit cost of an assembled camera in February? $($Round your answer to the nearest cent$)$

Assembly department cost per unit

Requirement $3.$ Explain the difference in your answers to requirements $1$ and $2.$

equivalent units of work done with respect to

In February, of the $10,000$ units introduced, $10,000$ equivalent units of work is done with respect to

but only $$ equivalent units of work is done with respect to

$7$ Therefore, the assembly department cost per unit is

Required

Assume there was no beginning inventory of any kind on January $1.$

During January, $10,000$ cameras were placed into production and all $10,000$

were fully completed at the end of the month. What is the unit cost of an

assembled camera in January?

Assume that during February, $10,000$ cameras were placed into

production. Further, assume the same total assembly costs for January are

also incurred in February, but only $8,000$ cameras are fully completed at the

end of February. All direct materials have been added to the remaining $2,000$

cameras. However, on average, these remaining $2,000$ cameras are only $70\%$

complete as to conversion costs. $($a$)$ What are the equivalent units for direct

materials and conversion costs and their respective costs per equivalent unit

for February? $($b$)$ What is the unit cost of an assembled camera in February?

Explain the difference in your answers to requirements $1$ and $2.$