Cost Information and FIFO Gunnison Company had the following equivalent units schedule and cost information for its Sewing Department for the month of December Direct Materials Conversion Costs Units started and completed 42,000 42,000 Add: Units in beginning work in process Percentage complete: 4,000 x 0% direct materials 4,000 50% conversion Costs 2,000 Add: Unitsin ending work in process Percentage complete 14,000 * 100% direct materials 14,000 14,000 x 35% conversion Costs 4.900 Equivalent units of output 56,000 48,900 Costs: Work in process, December 1: Direct Material $52,000 Conversion Costs 4,000 Total work in process 356,000 Current costs Direct Material $784,000 Conversion Costs 244,500 Total current costs $1,028,500 Required: 1. Calculate the unit cost for December, using the FIFO method. per equivalent unit 2. Calculate the cost of goods transferred out, calculate the cost of EWIP, and reconcile the costs assigned with the costs to account for. Cost of goods transferred but Cost of EWIP Cost to account fort BWIP Current (December Total 3. What you were asked for the unit cost from the month of November? Calculate November's unit cost. per equivalent unit