At the start of November, Penco Refinery had Work in Process inventory consisting of 4,900 units that were 80 percent complete with respect to materials and 40 percent complete with respect to conversion costs. The cost of the units was $39,700 ($26,100 of material cost and $13,600 of labor and overhead). During November, the company started 40,400 units and incurred $400,100 of material cost and $394,500 of labor and overhead. The company completed 42,600 units during the month, and 2,700 units were in process at the end of November. The units in ending Work in Process were 80 percent complete with respect to materials and 40 percent complete with respect to conversion costs.

(a)Calculate the cost per equivalent unit for materials and conversion costs.(Round answers to 2 decimal places, e.g. 15.25.)

Cost per equivalent unit

Materials: $

Conversion Costs: $