Carter Inc. had the following production and cost information for its fabrication department during April (with materials added at the beginning of the fabrication process):

Production:

Units in process, April 1, 50% complete with respect to conversion.........10,000

Units completed.........................................................................65,200

Units in process, April 30, 60% complete..........................................12,000

Costs:

Work in process, April 1:

Materials................................................................................$ 40,980

Conversion costs.........................................................................28,920

Total.....................................................................................$ 69,900

Current costs:

Materials................................................................................$125,000

Conversion costs.........................................................................210,000

Total.....................................................................................$335,000

Carter uses the weighted average method.

Required:

1. Prepare an equivalent units schedule.

2. Calculate the unit cost.

3. Calculate the cost of units transferred out and the cost of EWIP.