Assume Towery Company uses a process costing system based on the weighted average method. Towerys accountant produces the following equivalent unit caiculations for the month of July for the first departinent Also assume that the beginning ifwentory had accumalated 12.850 of materials and 37.930 of comversion costs in the previous manth. Finally, assume that duting the month of july, the average cost per equivalent unit of materials and conversion costs were 46.64 and $19.40, respectively Calculate the curtent coss incurred for direct materials during the manth of july. Select one: a. 58,550 b. 510,780 c. 534,998 d. 540,696 e. None of the above. Assume Towery Company uses a process costing system based on the weighte for the month of July for the first department: Also assume that the beginning inventory had accumulated $2,850 of materials month of July, the average cost per equivalent unit of materials and conversion Calculate the current costs incurred for direct materials during the month of Jul