Cost Information and the Weighted Average Method Morrison Company had the equivalent units schedule and cost information for its Sewing Department for the month of Decombcr, as shovin beiow. 3 more Check My Work uses remaining 1. Calculate the unit cost for December, using the weighted averaye method, Round final answer to the nearest cent. (NOTE: retain unrounded interim amounts for use in part 2.) per equivalent unit 2. Calculate the cost of goods transferred out, calculate the cost of EWIP, and reconcile the costs assigned with the costs to account for, tsing interim anounts from part 1 (unrounded amounts), compute each amount. Then round only final amounts to the nearest dollar. 3 mare check My Work uses resaining 2. Calculate the cost of goods transferred out, calculate the cost of EWIP, and recondile the costs assigned with the costs to accoin. for, IIsing ini amounts from part 1 (unrounded amounts), compute each amount. Then round only final amounts to the nearest dollar. Cost of goods transferred out: 3. Whot If you were asked to show that the weighted average unit cost for materials is the blend of the November unit materlals cost and the December unit materials cost? The November unit materials cost is $3.65($62,000/27,000), and the December unit materials cost s513.75 ($550,000/40,000). The equivalent units in BWIP are 17,000 , and the FIFO equivalent units are 40,000 . Calculate the weighted average unit materials cost using weiolts defined as the proportion of total units completed from each source (BWIp output and current output). Round final answer to the nearest cent. per unit