Morrison Company had the equivalent units schedule and cost information for its Sewing Department for the month of December, Direct Materials Conversion Costs Units completed 40,000 40,000 Add: Units in ending work in process x Percentage complete 10,000 x 100% direct materials 10,000 10,000 40% conversion materials 4,000 Eqivalent units of output 50,000 44,000 Costs: Work in process, December 1 Direct materials Conversion costs Total work in process $60,000 13,000 $73,000 Current costs Direct materials Conversion costs Total current costs $590,000 185,000 $775,000 Required: 1. Calculate the unit cost for December, using the weighted average method. Round interim calculations to the nearest cent and 13 X 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. Round interim calculations to the nearest cent an Cost of goods transferred out: Units completed Cost of EWIP Total costs assigned (accounted for) Reconciliation 520,000X 148,000 Cost to account for BWIP 73,000 Current (December) Total 848,000