Show Me How eBook Weighted Average Method, Unit Cost, Valuing Inventories Applegate Enterprises produces premier raspberry jam. During January, Applegate had the following production data: Units in process, January 1, 60% complete Units completed and transferred out Units in process, January 31, 40% complete Costs: Work in process, January 1 Costs added during January Required: 1. Using the weighted average method, calculate the equivalent units for January. Calculator Print hem Output is measured in pints. Applegate uses the weighted average method 160,000 pints 225,000 pints 320,000 1,300,000 equivalents units 2. Calculate the unit cost for January. Round your answer to the nearest cent. per unit 3. Assign costs to units transferred out and EWIP Cost of goods transferred out Ending work in process (EWIP)