A firm that uses weighted average process costing has the following data:

Beginning Inventory (2,000 physical units):

Direct Materials: $2,500 100% complete

Conversion: $4,000 80% complete

Ending Inventory (8,000 physical units):

Direct Materials: 100% complete

Conversion: 0% complete

Current Costs:

Direct Materials: $45,500

Conversion: $76,000

Units started during the period 46,000

Units completed and transferred to finished goods 40,000

Required: Calculate the cost per unit for direct materials and conversion costs.

1. DIRECT MATERIALS (5 pts.): ___________________

CONVERSION COSTS (5 pts):