Assume Towery Company uses a process costing system based on the weighted averoge method. Towerys accountant produces the followng equivalent unit calculation for the menth of july for the first department: month of fuly, the average cost per equivalent unit of materials and corversion costs were 56.64 and 519.40, respectively. calculate the current costs incurred for direct materials during the month of july Select one: a, 58,550 b. 110,780 c. 334,998 d. 540,698 e None of the above Assume Towery Company uses a process costing system based on the weighted averoge method. Towerys accountant produces the followng equivalent unit calculation for the menth of july for the first department: month of fuly, the average cost per equivalent unit of materials and corversion costs were 56.64 and 519.40, respectively. calculate the current costs incurred for direct materials during the month of july Select one: a, 58,550 b. 110,780 c. 334,998 d. 540,698 e None of the above