During the month of April, the moulding department of Khang Foundry completed and transferred out 34,000 units. At the end of April, there were 12,000 units in process, 60 percent complete. Khang incurred manufacturing costs totalling $618,000.

Required:

1. Using the weighted average method, calculate the unit cost.

2. Calculate the cost of goods transferred out and the cost of EWIP.