In Lily Company, total materials costs are $40,000, and total conversion costs are $56,040. Equivalent units of production are materials 10,000 and conversion costs 12,000. (a 1) Your answer is correct. Compute the unit costs for materials and conversion costs. (Round answers to 2 decimal places, e.g. 2.25.) Materials cost per unit $ 4 Conversion cost per unit 4.67 e Textbook and Media (a2) e Your answer is incorrect. Compute total manufacturing costs. (Round answer to 2 decimal places, e.g. 2.25.) Total manufacturing cost per unit $ e Textbook and Media Save for Later Attempts: 1 of 3 used Submit