Cassien Inc. manufactures products that pass through two or more processes. During June, equivalent units were computed using the weighted average method:

June's costs to account for are as follows:

BWIP $(10,000$ units, $80\%$ complete$)$

Materials

Conversion costs

Total

Required:

Calculate the unit cost for June using the weighted average method. Round your answer to the nearest cent.

per unit

Using the weighted average method, determine the cost of EWIP and the cost of the goods transferred out. If required, round unit cost to the nearest cent in

intermediate calculations and final answers to the nearest dollar.

Cost of ending work in process

Cost of the goods transferred out

Cassien had just finished implementing a series of measures designed to reduce the unit cost to $$2\mathrm{.}00$ and was assured thet this had been achieved and should be

realized for June's production. Yet, upon seeing the unit cost for June, the president of the company was disappointed. Can you explain why the full effect of the cost

reductions may not show up in June? What can you suggest to overcome this problem?