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

Data For June

Work in process inventory, June 1: 30,000 units

Direct materials: 100% complete 60,000

Conversation: 40% complete 25,000

Balance in work process 85,000

Units started during June 70,000

Units completed and transferred out 70,000

Work in process inventory, June 30 30,000

Direct materials: 100% complete

Conservation: 80% complete

Costs incurred during June

Direct materials 122,500

Conversation costs

Direct labor 119,720

Applied overhead 179,580

Total conversation costs 299,300

Compute the costs per equivalent unit for both the weighted- average and FIFO methods

.................................................Weighted Average Cost per EU...............FIFO cost per EU

Direct materials

Conversion

Total cost