China Pacific

China Pacific manufactures a variety of natural fabrics for the clothing industry in a neighborhood of Shanghai. The following data pertain to the month of October 20X5.

WIP inventory, October 1 25,000 units

DM: 60% complete $57,000

Conversion: 30% complete $45,000

Costs incurred during October

DM: $736,000

Conversion: $1,094,950

During October 175,000 units were completed and transferred out. At the end of the month, 30,000 units (direct materials 80% complete and conversion 40% complete) remain in WIP inventory.

1. Calculate EU, cost per EU, cost of units transferred out, and cost of WIP ending inventory