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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: 20,000 units
Direct materials: 100% complete	$	40,000
Conversion: 40% complete		16,000
Balance in work-in-process, June 1	$	56,000
Units started during June		48,000
Units completed and transferred out		48,000
Work-in-process inventory, June 30		20,000
Direct materials: 100% complete
Conversion: 80% complete
Costs incurred during June
Direct materials	$	129,600
Conversion costs
Direct labor		129,600
Applied overhead		168,000
Total conversion costs	$	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/EU	FIFO cost/EU
Direct Materials
Conversion
Total Costs

I got the weighted average cost/EU right, but both of the FIFO cost/EU are wrong. The answer I got are below. Once again, the weighted cost/EU numbers are right, but the FIFO cost/EU are wrong. Thanks.

	Weighted average cost/EU	FIFO cost/EU
Direct Materials	2.494	1.906
Conversion	4.900	3.916
Total Costs	7.394	5.822

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