The department had a beggining inventory of 5,500 units of product and it started 94,500 units during the period. It transferred out 90,000 units during the period. Total transferred-in and production cost for the period was $902,400. This amount included the cost in the beginning inventory plus additional costs incurred during the period. The target (standard) cost per unit is $9.45.

Determine the equivalent cost per unit, assuming that the ending inventory is considered to be 40% completed.

Determine the equivalent cost per unit, assuming that the ending inventory is considered to be 60% completed.