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: 78,000 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) 99,600 $50,000 Materials 135,000 Conversion costs 58,000 Total $243,000 Required: $ 1. Calculate the unit cost for June using the weighted average method. Round your answer to the nearest cent. 2.43 x 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 52,488 x Cost of the goods transferred out 189,540 x 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 99,600 Equivalent units of output June's costs to account for are as follows: BWIP (10,000 units, 80% complete) $50,000 Materials 135,000 Conversion costs 58,000 Total $243,000 Required: 1. Calculate the unit cost for June using the weighted average method. Round your answer to the nearest cent. 2.43 x 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 52,488 x Cassien is using the weighted average method for calculating unit costs. Thus, the unit cost for June will be a mixture of May and June Cassien is using the FIFO method for calculating unit costs. Thus, the unit cost for June will be a mixture of May and June costs, and we Cassien is using the LIFO method for calculating unit costs. Thus, the unit cost for June will be a mixture of May and June costs, and we Cassien is using the FIFO method for calculating unit costs. Thus, the unit cost for June will be a mixture of May and June costs, Cassien is using the weighted average method for calculating unit costs. Thus, the unit cost for June will be a mixture