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Pablo Company calculates the cost for an equivalent unit of production using process costing. Data for June Work-in-process...

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Accounting

Pablo Company calculates the cost for an equivalent unit ofproduction using process costing.

Data for June
Work-in-process inventory, June 1: 12,000units
Direct materials: 100% complete$24,000
Conversion: 40% complete9,600
Balance in work-in-process, June 1$33,600
Units started during June30,400
Units completed and transferred out30,400
Work-in-process inventory, June 3012,000
Direct materials: 100% complete
Conversion: 80% complete
Costs incurred during June
Direct materials$57,760
Conversion costs
Direct labor57,760
Applied overhead82,080
Total conversion costs$139,840

Required:

1. Compute the cost per equivalent unit for both theweighted-average and FIFO methods. (Round your answers to 3decimal places.)

Weighted Average Cost per EU FIFO Cost Per EU

Direct Materials

Conversion

Total cost

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