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): 10,000 Production: Units in process, April 1, 50% complete with respect to conversion Units completed Units in process, April 30, 60% complete Costs: Work in process, April 1: Materials 65,200 12,000 Conversion costs $40,980 15,700 $56,680 Total 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. Schedule of Equivalent Units (Weighted Average Method) Materials Units completed Add: Units in ending WIP X Percent complete % Conversion x % Equivalent units of output 2. Calculate the unit cost. Round all intermediate calculations and final answer to the nearest cent 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 Cost of ending work in process