Weighted Average Method to live Cassion ne manufacture products tough two or more. During eventunning the better med 21.000 120.600 Units completed Units in EwIP X Faction code 60 Estout June's contato count for WIP (10.000, Marais 150,000 163,000 Coro 37,000 5250.000 Required nero 2. the way we are the cut of wip and the end of a goonsbreed and not to be continue toma de Farm Chet ending work Cost of the sand 3. Canal just do mesed to recent content and should for me to the nature the plant of the comian w Can you wil why the full of the reduction plut can you want Weighted Average Method, Unit Cost, Valuing Inventories Cassien Inc. manufactures products that pass through two or more processes. During June, equivalent units were computed using the weighted average method: 99,000 21,600 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: BWIP (10,000 units, 80% complete) 120,600 Materials $50,000 163,000 37,000 $250,000 Conversion costs Total Required: 1. Calculate the unit cost for June using the weighted average method. Round your answer to the nearest cent. per unit 2. Using the weighted average method, determine the cost of EWIP and the cost of the goods transferred out. If required, round unit cost to the nearest cent in intermediate calculations and final answers to the nearest dollar. Cost of ending work in process Cost of the goods transferred out 3. Cassien had just finished implementing a series of measures designed to reduce the unit cost to $2.00 and was assured that this had been achieved and should be realized for June's production. Yet, upon seeing the unit cost for June, the president of the company was disappointed. Can you explain why the full effect of the cost reductions may not show up in June? What can you suggest to overcome this problem? 9