Pablo Company calculates the cost for an equivalent unit of production using process costing. $ 40,000 16,000 $ 56,000 Data for June Work-in-process inventory, June 1: 20,000 units Direct materials: 100% complete Conversioni 400 complete Balance in work-in-proceus, June 1 Units started during June Units completed and transferred out Work-in-process inventory, June 30 Direct materials: 100% complete Conversion : 800 complete Costs incurred during June Direct material Conversion costs Direct labor Applied overhead 48,000 49,000 20,000 $129,600 129,600 168,000 Total conversion costs $297,600 Required: 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