Perrette Motor Company rebuilds automobile engines that have been damaged or are in need of extensive repair. The rebuilt engine

has a $100,000-$mile warranty and is purchased by auto shops, large motor pools in companies and governmental units, and some

individual auto owners. The plant in Dayton, Ohio, specializes in the Ford V$6$ engine. Approximately $660$ to $860$ engines are rebuilt

each month, and the costs of the plant are assigned to monthly production using weighted$-$average process costing. The current

month began with a Work$-$in$-$Process Inventory of $140$ engines, which were $50\%$ complete for direct materials and $50\%$ complete for

conversion costs. The direct materials cost in beginning Work$-$in$-$Process was $$74,800,$ while the conversion cost was $$79,320.$ A total

of $560$ engines were completed and shipped out during the month, and total direct materials cost of $$666,400$ and conversion cost of

$$764,400$ were incurred during the month. The ending Work$-$in$-$Process of $240$ units was $50\%$ complete for direct materials and $30\%$

complete for conversion costs.

Required:

Compute the cost per equivalent unit for direct materials and conversion for the month.Perrette Motor Company rebuilds automobile engines that have been damaged or are in need of extensive repair. The rebuilt engine has a $100,000-$mile warranty and is purchased by auto shops, large motor pools in companies and governmental units, and some individual auto owners. The plant in Dayton, Ohio, specializes in the Ford V$6$ engine. Approximately $660$ to $860$ engines are rebuilt each month, and the costs of the plant are assigned to monthly production using weighted$-$average process costing. The current month began with a Work$-$in$-$Process Inventory of $140$ engines, which were $50\%$ complete for direct materials and $50\%$ complete for conversion costs. The direct materials cost in beginning Work$-$in$-$Process was $$74,800,$ while the conversion cost was $$79,320.$ A total of $560$ engines were completed and shipped out during the month, and total direct materials cost of $$666,400$ and conversion cost of $$764,400$ were incurred during the month. The ending Work$-$in$-$Process of $240$ units was $50\%$ complete for direct materials and $30\%$ complete for conversion costs.

Required:

Compute the cost per equivalent unit for direct materials and conversion for the month.