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	81,000
Units in EWIP X Fraction complete (36,000 X 60%)	21,600
Equivalent units of output	102,600
June's costs to account for are as follows:
BWIP (10,000 units, 80% complete)	$50,000
Materials	153,000
Conversion costs	71,000
Total	$274,000

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
Cost of the goods transferred out