w 3. What if EWIP is 80 percent complete! HUW WO schedule? The equivalent units schedule? OBJECTIVE 3 RNERSTONE 6.4 Cornerstone Exercise 6.4 Cost Information During October, McCourt Associates incurred total production costs of $60,000 for copyediting manuscripts and had the following equivalent units schedule: Units completed Units in EWIP X Fraction complete: 25 x 0. 60 1 5 Equivalent units 300 M Required: 1. Calculate the cost of copyediting one manuscript for October. 2. Assign costs to manuscripts completed and to EWIP and then do a cost reconciliation. 3. What if the costs assigned to units completed and EWIP total were calculated using a unit cost of $225? What is the discrepancy between the costs assigned and the costs to account for? What could have caused an incorrect unit cost