Textbook Problem

Use the following information for Exercises 2-41 and 2-42:

Grin Company manufactures digital cameras. In January, Grin produced 4,000 cameras with the following costs:

There were no beginning or ending inventories of WIP.

Exercise 2-42 Prime Cost and Conversion Cost

Refer to the information for Grin Company above.

Required:

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