Bio Track Corporation is a biotech company that makes a cancer-treatment drug in a single processing department. Direct materials are added at the start of the process. Conversion costs are added evenly during the process. Bio Track uses the weighted average method of process costing. The following information for July is available: Click the icon to view the data.) (Click the icon to view the total costs.) Required Requirement 1. Calculate the cost per equivalent unit for direct materials and conversion costs. Enter the physical units first and then calculate the equivalent units. (Round your answers to the nearest whole unit.) Physical Units Flow of Production Work in process, beginning Started during current period To account for Completed and transferred out during current period Work in process, ending Accounted for Work done to date Total Costs for July Work in process, beginning Direct materials $ 75,400 87,300 $ Conversion costs Equivalent Units Physical Direct Conversion Units Materials Costs Work in process, July 1a 12,900 12.900 9,030 Started during July 48,500 Completed and transferred out during July 43,500 43,500 43,500 Work in process, July 31b 17.900 17,900 5,370 a Degree of completion direct materials, 100%; conversion costs, 70%. bDegree of completion direct materials, 100%; conversion costs, 30%. 162,700 Direct materials added during July 353,000 476,200 Conversion costs added during July $ 991,900 Total costs to account for Total Costs for July Work in process, beginning Direct materials $ 75,400 87,300 $ Conversion costs Equivalent Units Physical Direct Conversion Units Materials Costs Work in process, July 1a 12,900 12.900 9,030 Started during July 48,500 Completed and transferred out during July 43,500 43,500 43,500 Work in process, July 31b 17.900 17,900 5,370 a Degree of completion direct materials, 100%; conversion costs, 70%. bDegree of completion direct materials, 100%; conversion costs, 30%. 162,700 Direct materials added during July 353,000 476,200 Conversion costs added during July $ 991,900 Total costs to account for