Question: please help, I can't seem to solve this problem.. Unit Cost and cost Assignment, Nonuniform Inputs Loran Inc. had the following equivalent units schedule and

Unit Cost and cost Assignment, Nonuniform Inputs Loran Inc. had the following equivalent units schedule and cost for its fabrication department during September: Materials Conversion Units completed 180,000 180,000 Add: Units in ending WIP Fraction complete 62,000 35,340 (62,000 X 57%) Equivalent units of output 242,000 215,340 Costs: Work in process, September 1: Materials $147,000 7,875 Conversion costs Total $154,875 Current costs: Materials $1,076,000 415,985 Conversion costs $1,491,985 Total Required: 1. Calculate the unit cost for materials, for conversion, and in total for the fabrication department for September 1f required, round your answers to the nearest cent Unit materials cost Unit conversion cost Total unit cost 62,000 35,340 Add: Unitsin ending WIP x Fraction complete (62,000 X 579) Equivalent units of output 242,000 215,340 Costs: Work in process, September 1: Materials $147,000 Conversion costs 7,875 Total $154,875 Current costs Materials $1,076,000 415,985 Conversion costs $1,491,985 Total Required: 1. Calculate the unit cost for materials for conversion, and in total for the fabrication department for September. If required, round your answers to the nearest cent. Unit materials cost Unit conversion cost Total unit cost 2. Calculate the cost of units transferred out and the cost of EWIP. Round unit cost value to the nearest cont in intermediate calculations. If required, round final answers to the nearest dollar Cost transferred out Cost of ending work in process
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