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Coat Information and the Weighted Average Method Morison Company had the equivalent unies schedule and cost information for its Sewing Department for the month of

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Coat Information and the Weighted Average Method Morison Company had the equivalent unies schedule and cost information for its Sewing Department for the month of December, as shown below. Work in process, Dectmber 1: Orect materials Conversion conts Total wark in process current costs Direct materiak Carvenion coats Total currenk costs $65,000 13,000 $78,000 $500,000 $683,000183,000 I mask Orect My Wos uses remaing. Previous All work awred. 1. Calculate the unit cost for Decembec, using the weighted average method. Mound final answer to the nearest cent. (Nore: retain unrounded interim amounts for use in part 2.) per equivalent unt 2. Calculate the cout of goods transferred out, calculate the cost of EWip, and reconole the costs assigned with the costs to account for. Using interim amounts from part I (unrounded amounts), compute each amount. Then round only final amounts to the nearest dollar. Crist of poodi mansferred cut: Units completied cest of EWL Socal costs assigned (eccounted for) Fectnoliation. Cest tar account for: gw Curvent \{December) toeal compieted frum wos aburce (baw1 output and cument output) Round final answer to the nearest cent. per unie Coat Information and the Weighted Average Method Morison Company had the equivalent unies schedule and cost information for its Sewing Department for the month of December, as shown below. Work in process, Dectmber 1: Orect materials Conversion conts Total wark in process current costs Direct materiak Carvenion coats Total currenk costs $65,000 13,000 $78,000 $500,000 $683,000183,000 I mask Orect My Wos uses remaing. Previous All work awred. 1. Calculate the unit cost for Decembec, using the weighted average method. Mound final answer to the nearest cent. (Nore: retain unrounded interim amounts for use in part 2.) per equivalent unt 2. Calculate the cout of goods transferred out, calculate the cost of EWip, and reconole the costs assigned with the costs to account for. Using interim amounts from part I (unrounded amounts), compute each amount. Then round only final amounts to the nearest dollar. Crist of poodi mansferred cut: Units completied cest of EWL Socal costs assigned (eccounted for) Fectnoliation. Cest tar account for: gw Curvent \{December) toeal compieted frum wos aburce (baw1 output and cument output) Round final answer to the nearest cent. per unie

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