Pacific Ink had beginning work-in-process inventory of $360,680 on October 1. Of this amount, $145,900 was the cost of direct materials and $214,780 was the cost of conversion. The 27,000 units in the beginning inventory were 30 percent complete with respect to both direct materials and conversion costs.

During October, 48,000 units were transferred out and 15,000 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 $1,169,400 for direct materials and $1,504,820 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.)

	Cost per equivalent Unit
Material
conversion cost