FIFO COSTING METHOD Pearl Glaze adds direct materials at the beginning of it's production process and adds conversion costs uniformly throughout the process. The following information is from Pearl Glaze's records for July. units in beginning inventory 3,000 units started during the period 17,000 units partially completed in prior period 2,500 percentage of completion of ending 100 percent work in progress inventory 70 percent percentage of completion of beginning inventory in prior period 100 percent for direct materials 40 percent for conversion costs. using the data that follow, compute the total cost per equivalent unit: equivalent units of production direct materials. 17,000 conversion costs. 18,050 direct materials beginning work in process $7,600 costs for the period $20,400 conversion costs beginning work in process $2,545 costs for the period $32,490 total cost per equivalent unit $______