Exercise 6-34 (Algo) Equivalent Units; Weighted-Average and FIFO Equivalent Unit Cost [LO 6-2, 6-3, 6- 4,6-5] Pablo Company calculates the cost for an equivalent unit of production using process costing. Data for June: Work-in-process inventory, June 1: 22,000 units Direct materials: 100% complete Conversion: 40% complete Balance in work-in-process, June 1 Units started during June Units completed and transferred out Work-in-process inventory, June 30 Direct materials: 100% complete Conversion: 80% complete. Costs incurred during June 1 Direct materials Conversion costs Direct labor Applied overhead Total conversion costs Required: $ 44,000 17,600 $ 61,600 52,400 52,400 22,000 $151,960 151,960 193,880 $345,840 1. Compute the cost per equivalent unit for both the weighted average and FIFO methods. (Round your answers to 3 decimal places.) Weighted Average Cost per EU FIFO Cost per EU Direct materials Conversion Total cost $ 0000 $ 0.000