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 Conversion: 30% completed Balance in work in process, July 1 Units started during July Units finished Work in process, July 31, 20,000 units: Direct material: 100% completed Conversion: 60% completed Cost incurred during July: Direct materials Conversion costs Total $ 65,500 51,910 $ 117,410 40,000 50,000 $ 120,000 199,810 $ 319,810 Required: (1) Compute cost per equivalent unit under the weighted-average method. (2) Compute cost per equivalent unit under FIFO method.