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Pablo company calculates the cost for an equivalent unit of production using process costing. Data for June Work in process inventory June 1: 17,000 units

Pablo company calculates the cost for an equivalent unit of production using process costing.

Data for June

Work in process inventory June 1: 17,000 units

Direct Materials: 100% Complete35,700

Conversion: 40% Complete 13,600

Balance in work in process June 1 49,300

Units started during June 41,400

Units completed and transferred out 41,400

Work in process inventory June 30 17,000

Direct Materials: 100% Complete

Conversion: 80% Complete

Cost incurred during June

Direct Materials 99,360

Conversion Costs

Direct Labor 99,360

Applied Overhead132,480

Total Conversion Costs 231,840

1. Compute cost perequivalent unit for both the weighted average and FIFO methods?

Please show your work, I will need to know how to work this type of problem. Thanks

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