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During June, equivalent units were computed using the weighted average method Units completed Units in EWIP X Fraction complete (36,000 X 60%) Equivalent units of
During June, equivalent units were computed using the weighted average method Units completed Units in EWIP X Fraction complete (36,000 X 60%) Equivalent units of output June's costs to account for are as follows: Blip (10,000 units, 80% complete) 56,000 21,600 77,600 $50,000 151,000 75,000 $276,000 Materials Conversion costs Tota Required: 1. Calculate the unit cost for June using the weighted average method. Round your answer to the nearest cent. per unit out. If required, round unit 2. U sing the weighted average method, determine the cost of EWIP and the cost of the goods transferred cost to the nearest cent in intermediate calculations and final answers to the nearest dollar
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