Brief Exercise 6-27 Nonuniform Inputs, Weighted Average 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 complete 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. Show an equivalent units schedule.

2. Calculate the unit cost. (Note: Round answers to two decimal places.)

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

Brief Exercise 6-27 Nonuniform Inputs, Weighted Average 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. 20