Weighted Average Method, Unit Costs, Valuing Inventories Byford Inc. produces a product that passes through two processes. During November, equivalent units were calculated using the weighted average method: Units completed 210,000 Add: Units in EWIP X Fraction complete: (74,000 X 30%) 22,200 Equivalent units of output (weighted average) 232,200 Less: Units in BWIP X Fraction complete: (20,000 X 60%) 12,000 Equivalent units of output (FIFO) 220,200 The costs that Byford had to account for during the month of November were as follows: Beginning work in process $100,000 Costs added 991,340 Total $1,091,340 1. Using the weighted average method, determine unit cost. Round to the nearest cent.