3. Galut Figurines manufactures wax figurines. In October 2018, company production is 26,800 equivalent units for direct material, 24,400 equivalent units for labor, and 21,000 equivalent units for overhead. During October, direct material, conversion, and overhead costs incurred are as follows: Direct material Conversion Overhead P 78,800 122,400 42,600 Beginning inventory costs for October were P14,920 for direct material, P36,200 for labor, and P9,900 for overhead. Required: a. What is the weighted average cost per equivalent unit for the cost components for October? b. Assume that Galut Figurines had 3,600 EUP for direct material in October's beginning inventory, 4,000 EUP for direct labor, and 3,960 EUP for overhead. What was the FIFO cost per equivalent unit for direct material, labor and overhead for October?