requirement 3 dropdown choices:

1. fewer or more

2. conversion costs, direct materials, or direct materials and conversion costs

3. conversion costs, direct materials, or direct materials and conversion costs

4. fill in the blank with # value

5. conversion costs, direct materials, or direct materials and conversion costs

6. higher or lower

Portrait, Inc. is a manufacturer of digital cameras. It has two departments assembly and testing. In January 2017, the company incurred $20,000 on direct materials and $800,000 on conversion costs, for a total manufacturing cost of $1,620,000 Read the requirements Requirement 1. Assume there was no beginning inventory of any kind on January 1, 2017. During January 5,000 cameras were placed into production and all 5,000 were fully completed at the end of the month. What is the unit cost of an assembled camera in January (Round your answers to the nearest onl) Direct materials cost per unit Conversion cost per unit Assembly department cost per unit Requirement 2. Assume that during February 5,000 cameras are placed into production. Further assume the same total assembly costs for January are also incurred in February, but only 4,000 cameras are fully completed at the end of the month. All direct mails have been added to the remaining 1,000 cameras. However, on average, these remaining 1.000 cameras are only 25% complete as to conversion costs. (aj What are the equivalent units for direct materials and conversion costs and their respective costs per equivalent unit for February (6) What is the unt cost of an assembled camera in February 2017? (a) What are the equivalent units for direct materials and conversion costs and their respective costs per equivalent unit for February First calculate the equivalent units Equivalent Units Direct Materials Conversion Costs Completed and transferred out in current period Work in process, ending Work done in current period Choose from any list or enter any number in the input fields and then continue to the next question Save for later LU Portrait, Inc. is a manufacturer of digital cameras. It has two departments: assembly and testing. In January 2017, the company incurred $820,000 on direct materials and $800,000 on conversion costs, for manufacturing cost of $1,620,000. Read the requirements (a) What are the equivalent units for direct materials and conversion costs and their respective costs per equivalent unit for February? First calculate the equivalent units. Equivalent Units Direct Materials Conversion Costs Completed and transferred out in current period Work in process, ending Work done in current period Now calculate the direct materials and conversion costs per equivalent unit for February (Round your answers to the nearest cont.) Direct Materials Conversion Costs Costs incurred during the period Equivalent units of work done in current period Cost per equivalent unit (b) What is the unit cost of an assembled camera in February 2017? (Round your answers to the nearest cant) Assembly department cost per unit Choose from any list or enter any number in the input fields and then continue to the next question Save for Later # 3 $ 4 % 5 0 & 7 8 6 2 Y U T Q E R W anufacluring cost of $1,620,000 Bad the requirements Direct Materials Conversion Costs Dosts incurred during the period Equivalent units of work done in current period Cost per equivalent unit (6) What is the unit cost of an embed camera in February 2017 (Round your answers to the nearest cont.) Assembly department cost per unit Requirements. Explain the difference in your answers to requirements 1 and 2 The difference in the sembly department com per unit calculated in requirements and are use the costs incurred in January and February are the same February relative to January, in January, all 6.000 units introduced are fully completed resulting in 6,000 equivalent units of work done with respect to equivalent units of work are done in In February of the 5,000 units introduced, 6,000 quivalent units of work is done with respect to but only equivalent units of work is done with respect to The assembly department cost per unit is therefore, Choose from any list or enter any number in the input fields and then continue to the next question Save for at