Cost per Equivalent Unit The cost of direct materlals transferred into the Rolling Department of Oak Ridge Steel Company is $546,000. The conversion cost for the period in the Rolling Department is $279,000. The total equivalent units for direct materials and conversion ere 2,600 tons and 4,650 tons, respectively. Determine the direct materials and conversion costs per equivalent unit. Direct materials cost per equivalent unit: Conversion cost per equivalent unit: perton perton