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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: 24, 000 units 48,000 19,200 67/200 Direct materials: 100% complete c nve r 31 n : 40% cornplete Balance in work-in-process, June 1 Units started during June Units completed and transferred out Work-in process inventory, June 30 56 800 56, 800 24,000 Direct materials: 100% complete Conversion: 80% complete Costs incurred during June Direct materials Conversion costs $176,08o Direct labor Applied overhead Total conversion costs 176,080 221,520 $397, 600 Required: 1. Compute the cost per equivalent unit for both the weighted-average and FIFO methods. (Rounc Answer is complete but not entirely correct. Weighted Average Cost per EU FIFO Cost per EU 4.920 3 4.920 9.840 2.773s Direct materials Conversion Total cost 8.257s