Greg Corporation produces strawberry gelato. Output is measured in quarts. Micic uses the weighted average method.

During July, Greg had the following production data for its first department:

Units:

Units in process as of July 1, 70% complete 24,000 quarts

Units completed and transferred out 193,000 quarts

Units in process as of July 31, 80% complete 41,800 quarts

Costs:

Work-In-Process Inventory as of July 1 $167,000

Direct material purchased in July $110,000

Direct material used in July $194,300

Direct labor added in July $ 51,200

Applied overhead $203,700

Actual overhead $210,900

Required:

1. Using the weighted average method, calculate the equivalent units of production for July.
2. Calculate the unit cost for July (Round your answer to 2 decimal places).
3. Calculate the cost of units completed and transferred out.
4. Calculate the cost of ending Work-In Process Inventory as of July 31 (Round your answer to the nearest whole dollar).