Assume Towery Company uses a process costing syster based on the FIFO method. Towery's accountant produces the following equivalent unit calculations for the month of july for the first department: 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 $51100 of materials and $79,310 of conversion costs. Calculate the average cost per equivalent unit for conversion costs for the month of July Select one: a 50.05 b. 51.54 O c. $15.40 d. $19.48 e $20.45 O Assume Towery Company uses a process costing syster based on the FIFO method. Towery's accountant produces the following equivalent unit calculations for the month of july for the first department: 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 $51100 of materials and $79,310 of conversion costs. Calculate the average cost per equivalent unit for conversion costs for the month of July Select one: a 50.05 b. 51.54 O c. $15.40 d. $19.48 e $20.45 O