EXERCISE 4-21 (15 MINUTES) Exercise 4-21 Otsego Glass Company manufactures window glass for automobiles. The following data pertain to the Cost per Equivalent Unit: Plate Glass Department. Weighted Average (LO 4-1, 43, 44) Work in process, June 1: Direct maternal $ 37,000 Conversion 36,750 Costs incurred during June Direct material $150,000 Conversion 230,000 The equivalent units of activity for June were as follows: 17,000 equivalent units of direct material and 48,500 equivalent units of conversion activity, Requlred: Calculate the cost per equivalent unit, for both direct material and conversion, during June. Use weighted average process costing