Assad Company uses the process costing method with the following data for the month of July.

Work-in-process, July 1, 30,000 units:
Direct material: 100% completed	$ 65,500
Conversion: 30% completed	51,910
Balance in work in process, July 1	$ 117,410
Units started during July	40,000
Units finished	50,000
Work in process, July 31, 20,000 units:
Direct material: 100% completed
Conversion: 60% completed
Cost incurred during July:
Direct materials	$ 120,000
Conversion costs	199,810
Total	$ 319,810

(1) Compute cost per equivalent unit under the weighted-average method.

(2) Compute cost per equivalent unit under FIFO method.

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