The department had beginning 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 beginning inventory plus additional costs incurred during the period. The target (standard) cost per unit is $9.45. Required a. Determine the equivalent cost per unit, assuming that the ending inventory is considered to be 40 percent complete. b. Determine the equivalent cost per unit, assuming that the ending inventory is considered to be 60 percent complete