Prime Cost and Conversion Cost Grin Company manufactures digital cameras. In January, Grin produced...
60.1K
Verified Solution
Link Copied!
Question
Accounting
Prime Cost and Conversion Cost Grin Company manufactures digital cameras. In January, Grin produced cameras with the following costs: Direct materials $ Direct labor Manufacturing overhead There were no beginning or ending inventories of WIP. Required: If required, round your answers to the nearest cent. What was the total prime cost in January? $ What was the prime cost per unit in January? $ per unit What was the total conversion cost in January? $ What was the conversion cost per unit in January? $ per unit 
Prime Cost and Conversion Cost
Grin Company manufactures digital cameras. In January, Grin produced cameras with the following costs:
Direct materials
$
Direct labor
Manufacturing overhead
There were no beginning or ending inventories of WIP.
Required:
If required, round your answers to the nearest cent.
What was the total prime cost in January?
$
What was the prime cost per unit in January?
$
per unit
What was the total conversion cost in January?
$
What was the conversion cost per unit in January?
$
per unit
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.