During April, the grinding department of Moriba Inc. completed and transferred out 105,000units. At the end of

Question:

During April, the grinding department of Moriba Inc. completed and transferred out 105,000units. At the end of April, there were 37,500 in process, 60% complete. Moriba incurred manufacturing costs totaling $1,530,000.
Required:
1. Calculate the unit cost.
2. Calculate the cost of goods transferred out and the cost of EWIP.