One of the many types of sugar The Bonita Company produces is granulated sugar.with its most popular package being the 4-pound bag. In August, the company reported the following equivalent units and total cost information for the sweet 4-pound bags. Step 2: Determine physical status of units and convert into equivalent units Equivalent Units Units in beginning WIP Inventory completed this period Units Started and completed this period Units in ending WIP Inventory Total units accounted for Total equivalent units of work done this period Costs in beginning WIP Inventory (from last period) Costs added to WIP Inventory this period Total costs to account for (a) Physical Units Step 3: Account for costs The Bonita Company uses the FIFO method of process costing. 1,300 15,800 400 17,500 Total Costs $1,029 21,796 $22,825 % Added This Period DM 100% 100% $659 0% 8,100 $8,759 DM Equiv. Units 15,800 400 16,200 Conversion Costs $370 13,696 $14,066 Conversion Costs % Added This Period 80% 100% 70% Equiv. Units 1,040 15,800 280 17,100 Determine the cost per equivalent unit for both DM and conversion costs for the company this month by completing Step 4 of the template. (Round answers to 2 decimal places, eg. 15.25.)