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Nonuniform Inputs, Weighted Average Carter Inc had the following production and cost information for its fabrication department during April (with materials added at the beginning

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Nonuniform Inputs, Weighted Average Carter Inc had the following production and cost information for its fabrication department during April (with materials added at the beginning of the fabrication process): Production: Units in process, April 1, 50% complete with respect to conversion 10,000 65,200 12,000 Units completed Units in process, April 30, 60% complete Costs Work in process, April Materials $40,980 Conversion costs 15,000 Total $55,980 Current costs Materials $125,000 Conversion costs 210,000 $335,000 Total Carter uses the weighted average method Required: 1. Prepare an equivalent units schedule. Carter Inc Total $335,000 Carter uses the weighted average method. Required: 1. Prepare an equivalent units schedule. Carter Inc. Schedule of Equivalent Units (Weighted Average Method) Materials Conversion Units completed Add: Units in ending WIP X Percent complete % Equivalent units of output 2. Calculate the unit cost. Round all intermediate calculations and Minat answer to the nearest cent. per unit 3. Calculate the cost of units transferred out and the cost of Ewt. In your calculation round unit cost to the nearest cent and your first answers to the nearest dollar Cost transferred out Cost of ending work in process

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