Assuming Concord uses the FIFO method of process costing, complete Step 4 to determine its cost per equivalent unit for both DM and conversion costs. (Round cost per equivalent unit answers to 2 decimal places, e.g. 15.25.) Show the T-account for Concord's WIP Inventory reflecting all of the appropriate costs above. Assuming Concord instead uses the weighted-average method of process costing, complete Step 4 to determine its cost pe equivalent unit for both DM and conversion costs. (Round cost per equivalent unit onswers to 2 decimal places, eg. 15.25.) The processing department at Concord Corporation evaluated the costs associated with manufacturing paper towels for the past month. Beginning and newly added costs for May are as follows