Beginning work$-$in$-$process inventory

Materials cost $ $65,500$

Conversion cost $44,500$

Total $ $110,000$

Current costs

Materials cost $ $215,000$

Conversion cost $465,000$

Total $ $680,000$

Materials are added at the beginning of the process. The following quantities have been recorded:

Beginning inventory, $49,500$ partially complete gallons, $15$ percent complete with respect to conversion costs.

Units started in July, $89,500$ gallons.

Units transferred out in July, $99,500$ gallons.

Ending inventory, $39,500$ gallons, $65$ percent complete with respect to conversion costs.

Required:

Compute the cost per equivalent unit for direct materials and conversion costs for July using the weighted$-$average method.

Note: Round your answers to $2$ decimal places.