Cost per Equivalent Unit: Weighted Average Cost Method The following information concerns production in the Forging Department for June. The Forging Department uses the weighted average cost method. ACCOUNT Work in Process-Forging Department ACCOUNT NO. Balance Date Item Debit Credit Debit Credit June 1 Bal., 1,600 units, 40% completed 6,970 30 Direct materials, 37,000 units 30 Direct labor 259,000 265,970 108,800 374,770 30 Factory overhead 59,700 434,470 30 Goods transferred, 36,700 units ? ? 30 Bal., 1,800 units, 60% completed ? a. Determine the cost per equivalent unit. Round your answer to the nearest cent. per equivalent unit b. Determine cost of units transferred to Finished Goods. c. Determine the cost of units in ending Work in Process.