Lexington Company produces baseball bats and cricket paddles. It has two departments that process all products. During July, the beginning work in process in the cutting department was half completed as to conversion, and complete as to direct materials. The beginning inventory included $40,000 for materials and $60,000 for conversion costs. Ending work-in-process inventory in the cutting department was 40% complete. Direct materials are added at the beginning of the process. Beginning work in process in the finishing department was 80% complete as to conversion. Direct materials for finishing the units are added near the end of the process. Beginning inventories included $24,000 for transferred-in costs and $28,000 for conversion costs. Ending inventory was 30% complete. Additional information about the two departments follows:

	Cutting	Finishing
Beginning work-in-process units	20,000	24,000
Units started this period	60,000	64,000
Units transferred out this period	64,000	68,000
Ending work-in-process units		20,000
Material costs added	$48,000	$34,000
Conversion costs	28,000	68,500
Transferred-out cost from Cutting to Finishing	128,000
Required:

Calculate the Cost per equivalent unit for the Finishing department, for Direct Materials, Convesion Costs and Transferred in costs, using the FIFO method