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 Units completed 65,200 Units in process, April 30, 60% complete 12,000 Costs: Work in process, April 1: Materials $40,980 Conversion costs 14,000 Total $54,980 Current costs: Materials $125,000 Conversion costs 210,000 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 65,200 65,200 Add: Units in ending WIP x Percent complete 12,000 100 % 12,000 12,000 60 % 7,200 Equivalent units of output 77,200 72,400 2. Calculate the unit cost. Round all intermediate calculations and final answer to the nearest cent. $ 1.9 X per unit 3. Calculate the cost of units transferred out and the cost of EWIP. In your calculations round unit cost to the nearest cent and your final answers to the nearest dollar. Cost transferred out $ 342,952 X Cost of ending work in process 48,129 X