Pacific Ink had beginning work-in-process inventory of $356,040 on October 1. Of this amount, $145,160 was the cost of direct materials and $210,880 was the cost of conversion. The 25,000 units in the beginning inventory were 30 percent complete with respect to both direct materials and conversion costs.

During October, 50,000 units were transferred out and 14,000 remained in ending inventory. The units in ending inventory were 80 percent complete with respect to direct materials and 30 percent complete with respect to conversion costs. Costs incurred during the period amounted to $1,170,300 for direct materials and $1,515,920 for conversion.

Required:

Compute the cost per equivalent unit for direct materials and for conversion costs using the weighted-average method. (Round your answers to 2 decimal places.)

Materials:

Conversion Cost: