1) McKay Company uses process costing. The company started with 2,000 units in beginning inventory. There were 15,000 new units started during the month. 14,000 units were transferred out and 2,800 units remained in ending inventory. McKays normal spoilage rate is 1%. The cost per equivalent unit for the month was $20. How much should be charged to the Loss from Abnormal Spoilage account?

2) McNutt uses job-order costing. Job 725 had total costs of $15,000. 1,000 units were produced but 100 of them didnt pass the quality control tests. They could be sold as seconds for $600 cash. The spoilage was specifically related to the technical specifications of the job. It was not considered abnormal spoilage. What was the final cost per unit transferred to finished goods for Job 725? (Enter with two decimals.)