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

1. Compute the equivalent cost per unit, assuming that the ending inventory is considered to be 40 % completed?
2. Compute the equivalent cost per unit, assuming that the ending inventory is considered to be 60 % completed?