1. Calculate the unit cost for June using the weighted average method. Flound 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. 3. Cassien had just fnished implenenting 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, upen seeing the unit cost for Juse, the president of the company was disappointed. Can you explain why the full effect of the cost reductions may not show up in June? What can you suggest to overcome this problem? 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 reatized for Juneis production. Yet, upon seeing the unit cost for June, the president of the company was disappointed. Can you explain why the full effect of the cost reductions may not show up in June? What can you suggest to overcome this problem? Weighted Averoge Method, Unit Cost, Valuing Imventories Cossien inc manufactures products that pass through two or more processes. During June, equivalent units were computed using the weighted average method 1. Calculate the unit cost for lune using the weighted average method. Round your answer to the nearest cent. periunit 2. Using the welghted 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