of direct meterials and 5565760 was the cost o Pocific Ink had beginning work-in-process inventory of $1152,960 on October 1. Of this amount. $487200 wes the cost conversion The 68.000 units in the beginning inventory were 30 percent complete with respect to both direct materials and conversion costs During October, 142.000 units were transferred out and 50.000 remained in ending inventory The units in ending inventory were 80 percent complete with respect to direct materials ond 40 percent complete with respect to conversion costs. Costs incurred during the period amounted to $3.716,800 for direct materials and $4.587840 for conversion Required information 100 points Required: (1) Compute the equivalent units for the material's and conversion cost calculations Equivalent units for materia's Equivalent units for conversion costs (2) Compute the cost per equivalent unit for direct materials and for conversion costs using the FIFO method (Round your answers to 2 decimal places.) Direct materials Conversion costs