A company produces a chemical and uses process costing. There are three processing departments-Mixing, Refining, and Packag the first department-Mixing-had no beginning inventory. During January, 40,000f, oz. of chemicals were started in production. oz. were completed, and 6,000f. oz, remained in process. In the Mixing Department, all direct materials are added at the beginni process, and conversion costs are applied evenly through the process. The weighted-average method is used. At the end of the month, PM calculated equivalent units in the Mixing Department as shown below: " Percent complete for direct materials costs: 100% Percent complete of completion for conversion costs: 60% During January, the Mixing Department incurred $49,000 in direct materials costs and $213,000 in conversion costs. How much w equivalent unit for materials and for conversion costs? (Use the weighted average method and round your answer to the nearest cent.) No response is correct. $1.44 for materisls and $6.26 for conversion $1.23 for materials and 56.26 for conversion \$8.17 per EP for direct materials and 55.33 per EUP for comversion costs $1.23 for materials and $5.66 for comversion