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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

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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: 82,000 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) 103,600 $50,000 Materials 162,000 Conversion costs 90,000 Total 5302,000 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 II Cost of the goods transferred out

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