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 Add : Units in beginning work in process 40,000 40,000 Percentage complete: 5,000 096 direct materials 5,000 50% conversion Costs 2,500 Add : Units in ending work in process Percentage complete: 10,000 100% direct materials 10,000 35% conversion costs 10,000 3,500 Equivalent units of output 50,000 46,000 Costs: Work in process, December 1: Direct Material Conversion Costs Total work in process $35,000 10,000 $45,000 Current costs: Direct Material Conversion Costs Total current costs $400,000 184,000 $584,000 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 out Cost of EWIP Cost to account for: BWIP Current (December) Total 3. What if you were asked for the unit cost from the month of November? Calculate November's unit cost. per equivalent unit