Assume Towery Company uses a process costing system based on the weighted average method. Towery's accountant produces the following equivalent unit calculations for the month of July for the first department: For Det War 4300 ICO 200 WO ter w R K Tue Also assume that the beginning inventory had accumulated $2,850 of materials and 57,930 of conversion costs in the previous month. During the month of July, current costs included 534 998 of materials and 597,412 of conversion costs Calculate the average cost per equivalent unit for conversion costs for the month of July Select one: Ca. 50.05 O b. $1.46 C. $17.94 OOOO 0 0 0 0 d. $18.48 4 e $19.40 Whete do the units.come from? Where do the units 20? Beginning Inventory Started Total 700 5,000 5,700 Complete/Transferred Ending inventory Total % Work Done? 100% 100% 4,800 900 5.700 Equivalent Units Direct % Work Materials Done? 4,800 100% 900 70% 5.700 Conversion Costs 4.800 630 5.430