Springville Company, which uses the weighted average method, produces a product that passes through two departments: blending and cooking. In the blending department, all materials are added at the beginning of the process. All other manufacturing inputs are added uniformly. The following information pertains to the blending department for February: a. BWIP, February 1: 100,000 pounds, 40% complete with respect to conversion costs. The costs assigned to this work are as follows: - Materials $40,000 - Labor 20,000 - Overhead 60,000 b. EWIP, February 28: 50,000 pounds, 60% complete with respect to conversion costs. c. Units completed and transferred out: 370,000 pounds. The following costs were added during the month: - Materials $422,000 - Labor 200,000 - Overhead 540,000 Required: 1. Compute the cost per equivalent unit. 2. Compute the cost of goods transferred out and the cost of EWIP