Brief Exercise 6-33. Unit Cost, Valuing Goods Transferred Out and EWIP 0 Objective 2 Example 6.3 During August, the drilling department of Arenal Inc. completed and transferred out 190,000 units. At the end of August, there were 42,700 units in process, 70% complete. Arenal incurred manufacturing costs totaling $1,759,120. Required: 1. Calculate the unit cost. 2. Calculate the cost of goods transferred out and the cost of EWIP.