Furniture-Up Ltd produces high-quality furniture that pass through two production processes.

Data for June for the first process follow:

Work in process inventory, June 1 53,000 units

(Direct material 75% completed and conversion 40% completed)

Work in process inventory, June 30

(Direct material 60% completed and conversion 30% completed)

Direct material costs in work in process inventory, June 1 $56,000

Conversion costs in work in process inventory, June 1 $14,900

Units started into production 280,000 units

Units completed and transferred out 320,000 units

Direct materials costs added during June $385,000

Conversion costs added during June $214,500

Required: Using the weighted-average method

1. Calculate the cost per equivalent unit for direct material and conversion