Practice Exercise 20-5A Cost per Equivalent Unit

The cost of direct materials transferred into the Filling Department of Rose Petal Lotion Company is $18,400. The conversion cost for the period in the Filling Department is $4,534. The total equivalent units for direct materials and conversion are 46,000 ounces and 45,340 ounces, respectively.

Determine the direct materials and conversion costs per equivalent unit. If required, round to the nearest cent.