Pablo Company calculates the cost for an equivalent unit of production using process costing. $ 38,000 15, 200 $ 53,200 45,800 45,800 19,000 Data for June Work-in-process inventory, June 1: 19,000 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 Direct materials Conversion costs Direct labor Applied overhead Total conversion costs $ 119,080 119,080 155,720 $ 274,800 Required: 1. Compute the cost per equivalent unit for both the weighted-average and FIFO methods. (Rou Answer is complete but not entirely correct. Weighted Average Cost FIFO Cost per EU per EU Direct materials 2.420 X $ 2.600 Conversion [ | | $ 4.750 X $ 5.150 X Total cost $ 7.170 $ 7.750