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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
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 Units completed 93,000 Units in EWIP X Fraction complete (36.000 x 60%) 21.600 Equivalent units of output 114.600 June's costs to account for are as follows BWIP (10.000 units, 80% complete) Materials Conversion costs Total Required: $50,000 84.000 58.000 $192,000 1. Calculate the unit at for June using the weighted average method. Round your answer to the nearest per una 2. Using the weighted average method. determine the cost of EwIP and the cost of the goods transfered out. If required round unit cut to the nearest cent in mediate calcula Cost of ending work in process Cest of the goods transfemed out 3. Cassien had just finished implementing a series of measures designed to reduce the unit cost to 32.00 and was assured that this had been achieved and should be realeed for June's pr June, the president of the company was disappointed. Can you explain why the full effect of the sost reductions may not show up in June? what can you suggest to overcome this pro
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