Loran Inc. had the following equivalent units schedule and cost for its fabrication department

during September:

Materials Conversion

Units completed 180,000 180,000

Add: Units in ending WIP Fraction complete (60,000 60%)

60,000 36,000

Equivalent units of output

240,000 216,000

Costs:

Work in process, September 1:

Materials $ 147,000

Conversion costs

7,875

Total

$ 154,875

Current costs:

Materials $1,053,000

Conversion costs

236,205

Total

$1,289,205

Required:

1. Calculate the unit cost for materials, for conversion, and in total for the fabrication

department for September.

2. Calculate the cost of units transferred out and the cost of EWIP.