Apply the Concepts: Transferred-in Materials Scenario: Dormir produces a liquid herbal sleep remedy. Production begins in the Blending Department. After blending is completed, output (measured in ounces) is transferred to the Bottling Department. In the bottling department, the liquid is strained and then (the very last step) is placed in 8 ounce bottles. During the month of June, the Blending Department transferred out 36,000 ounces of liquid at a cost of $7,920. The Bottling Department had 80 bottles in process at the end of May, 75 percent complete with respect to conversion costs. At the end of June, Bottling had 100 bottles in process, 50 percent complete with respect to conversion cost. Complete the following physical flow schedule: Units to Account for: Units started Total units to account for Units accounted for: Units Completed From: Started and completed Units in Total units accounted for The table below illustrates the adjustment for calculating equivalent units for departments that receive transferred-in goods for either FIFO or weighted average. Complete the table, rounding to the nearest whole number If an amount box does not require an entry, leave it blank or enter "O" FIFO Direct Materials (bottles) WEIGHTED AVERAGE Direct Materials (bottles) Transferred-in Transferred-in Materials Conversi Materials ersion Units Completed Units Started and Completed Units in BwIP Fraction to Complete Units in EWIP x Fraction Complete Equivalent Units Assuming the cost of transferred-in materials in beginning work in process is $110, calculate the unit cost for transferred in materials per bottle for the month of June (round to the nearest cent) FIFO Weighted average