Exercise 8-32 (Algo) Compute Costs per Equivalent Unit: Weighted-Average Method (LO 8-3) The following information about the work-in-process inventory pertains to the Remington Plant for the month of July (all materials are added at the beginning of the process): Materials Conversion Beginning work in process (43,000 units): Percentage complete with respect to 100% 20% Costs $ 92,100 $ 27,136 Ending work in process (59,000 units): Percentage complete with respect to 100% 60% Costs ?? ?? The Remington Plant started 233,000 units and transferred out 217,000 in July. Materials costs incurred in July were $764,000 and conversion costs were $1,149,000. Required: Compute the cost per equivalent unit for materials and conversion costs using the weighted-average method. Note: Round your answers to 2 decimal places.