Can somebody help me with question E14A please. Could you do it with detail explanation. I really appreciated.

Thank you.

Determining Unit Cost: Average Costing MIeliu E14A. Using the data given for Cookware, Inc., in E8A and pany uses the average costing method, determine the cost per equivale Assume equivalent sets are 15,550 for direct materials costs and 14,900 assuming that the set for Augis for comea costs. Determining Unit Cost: FIFO Costing Method E8A. Cookware, Inc., manufactures sets of heavy-duty pans. It has just completed pro- duction for August. At the beginning of August, its Work in Process Inventory account showed direct materials costs of $31,000 and conversion costs of $29,000. The cost of direct materials used in August was $280,000; conversion costs were $120,000. Dur- ing the month, the company started and completed 10,000 sets. For August, a total of 14,000 equivalent sets for direct materials and 12,000 equivalent sets for conversion costs have been computed. Using the FIFO costing method, determine the cost per equivalent set for August