Production costs chargeable to the Finishing Department in May at Ivanhoe Company are materials $7,300, labour $21,800, overhead $19,620, and transferred-in costs $71,700. Equivalent units of production are materials 20,000 and conversion costs 19,000 . Ivanhoe uses the FIFO method to calculate equivalent units of production. Calculate the unit costs for materials and conversion costs. Transferred-in costs are considered materials costs. (Round answers to 2 decimal places, e.g. 2.25.) Direct materials cost per unit $ Conversion cost per unit $