Cassien Inc, manufactures products that pass through two or more processes. During June, equivalent units were computed using the weighted average method: Units completed 54,000 Units in EWIP X Fraction complete (36,000 X 60%) 21,600 Equivalent units of output 75,600 June's costs to account for are as follows: BWIP (10,000 units, 80% complete) $50,000 Materials 137,000 Conversion costs 91,000 Total $278,000 Required: 1. Calculate the unit cost for June using the weighted average method. Round your answer to the nearest cent. per unit 2. 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 3. Cassien had just finished implementing a series of measures designed to reduce the unit cost $2.00 and was assured that 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