5. The following data relate to Twilight Manufacturing Ltd: During July, 133 500 units were completed and transferred out. Work in process, 1 July: 15 000 units* (" Complete as to direct material; 35% complete as to conversion) Direct material $ 16 350 Conversion 43 425 Costs incurred during July: Direct material $169 050 Conversion 240 300 The equivalent units for July were as followsWeighted average FIFO Direct material 154 500 139 500 Conversion 145 500 140 250 Required: A. Calculate each of the following amounts using weighted average process costing: I. cost of goods completed during July Il. cost of the 31 July work in process inventory. B. Repeat requirement 1 using the FIFO method