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 December, as shown below. 3 more Check My Work uses remaining 1. Calculate the unit cost for December, using the weighted average 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 far. Using interim amounts from part 1 (unrounded amounts), compute each amount. Then round only final amounts to the nearest dollar. Cost of goods transferred out: 3 more Check My Work uses remaining Prevous 2. Calculate the cost of goods traniferred out, calculate the cost of EWrP, and reconcile the costs assigned with the costs to account for. Using interim amounts from part 1 (unrounded amounts), compute each amount. Then round only final amounts to the nearest dollar. 3. What if you were asked to show that the weighted average unit cost for materials is the blend of the November unit materials cost and the December unit materials cost? The November unit materials cost is 55.31($69,000/13,000), and the December unit materials cost is 512.50 ($550,000/44,000). The equivalent units in BWIP are 13,000, and the FIFO equivalent units are 44,000. Calculate the weighted average unit materiaks cost using weights defined as the proportion of total units completed from each source (BwIP output and current outpuk), Round final answer to the nearest cent. per unit