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: 10,000 Units in process, April 1, 50% complete with respect to conversion Units completed Units in process, April 30, 60% complete Costs: 65,200 12,000 Work in process, April 1: Materials $40,980 Conversion costs 15,200 Total $56,180 Current costs: Materials Conversion costs $125,000 210,000 $335,000 Total Carter uses the weighted average method. Required: 1. Prepare an equivalent units schedule. Carter Inc Schedule of Equivalent Units (Weighted Average Method) Materials Conversion Units completed Add: Units in ending WIP x Percent complete 9 Equivalent units of output 2. Calculate the unit cost. Round all intermediate calculations and final answer to the nearest cent. 1. Prepare an equivalent units schedule. Carter Inc. Schedule of Equivalent Units (Weighted Average Method) Materials Conversion 10 Units completed Add: Units in ending WIP X Percent complete % Equivalent units of output 2. Calculate the unit cost. Round all intermediate calculations and final answer to the nearest cent. $ per unit 3. Calculate the cost of units transferred out and the cost of EWIP. In your calculations round unit cost to the nearest cent and your final answers to the nearest dollar Cost transferred out II Cost of ending work in process