Pablo Company calculates the cost for an equivalent unit of production using process costing Data for June Work-in-process inventory, June 1: 20,000 units Direct materials: 100% complete Conversion: 48% 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 $ 40,000 16,000 $ 56,000 48,000 48,000 20,000 $129,600 129,600 168,000 $297,600 Required: 1. Compute the cost per equivalent unit for both the weighted average and FIFO methods (Round your answers to 3 decimal Weighted Average Cost FIFO Cost per EU 2 4945 1906 per EU Direct materials Prov 1 of 1 !!! NY 48,000 20,000 Units completed and transferred out Work-in-process inventory, June 30 Direct materials: 100% complete Conversion: sex complete Costs incurred during June Direct materials Conversion costs Direct labor Applied overhead Total conversion costs $129,600 129,660 168,00 $ 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 $ $ 2494 4.900 7 394 5 0.000 Sign in Proy 1 of 1 !!! Nox e W N