B&B Inc. is a manufacturer of digital cameras. It has two departments: assembly and testing. In January, the company incurred $850,000 on direct materials and $956,800 on conversion costs for a total manufacturing cost of $1,806,800. Read the requirements. Requirement 1. Assume there was no beginning inventory of any kind on January 1. During January, 15,000 cameras were placed into production and all 15,000 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 cent.) Direct materials cost per unit Conversion cost per unit Assembly department cost per unit

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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B&B Inc. is a manufacturer of digital cameras. It has two departments: assembly and testing. In January, the company incurred $850,000 on direct materials and
$956,800 on conversion costs for a total manufacturing cost of $1,806,800.
Read the requirements.
Requirement 1. Assume there was no beginning inventory of any kind on January 1. During January, 15,000 cameras were placed into production and all 15,000 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 cent.)
Direct materials cost per unit
Conversion cost per unit
Assembly department cost per unit
Transcribed Image Text:B&B Inc. is a manufacturer of digital cameras. It has two departments: assembly and testing. In January, the company incurred $850,000 on direct materials and $956,800 on conversion costs for a total manufacturing cost of $1,806,800. Read the requirements. Requirement 1. Assume there was no beginning inventory of any kind on January 1. During January, 15,000 cameras were placed into production and all 15,000 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 cent.) Direct materials cost per unit Conversion cost per unit Assembly department cost per unit
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