Weighted Average Method, Unit Cost, Valuing Inventories Applegate Enterprises produces premier raspberry jam. Output is measured in pints. Applegate uses the weighted average method. 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: 120,000 pints 760,000 pints 230,000 pints $120,000 3. Assign costs to units transferred out and EWIP. Cost of goods transferred out Ending work in process (EWIP) 732,000 1. Using the weighted average method, calculate the equivalent units for January. equivalents units 2. Calculate the unit cost for January. Round your answer to the nearest cent. per unit

Weighted Average Method, Unit Cost, Voluing inventories Applegate Enterprises produces premier raspbarry jam. Output is measured in pints, Applegate uses the weighted average method. During January, Applegate fad the following production data: Required: 1. Using the weighted overage method, calculate the equivatent unts for January equivalenta units 2. Colculate the unit cost for January Round vour onswer to the pearest cont: yer unit