Question: Weighted Average Method, Unit Cost, Valuing InventoriesApplegate Enterprises produces premier raspberry jam. Output is measured in pints. Applegate uses the weighted average method. During January,

Weighted Average Method, Unit Cost, Valuing InventoriesApplegate Enterprises produces premier raspberry jam. Output is
measured in pints. Applegate uses the weighted average method.
During January, Applegate had the following production data:Required:1. Using the weighted average method, calculate
the equivalent units for January.
equivalents units2. Calculate the unit cost for January. Round
your answer to the nearest cent.
$per unit3. Assign costs to units transferred out and
EWIP.

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