Pullian Company makes a variety of chemicals. Its Mixing Department reports the following information for the May of the current year: Units: Started and completed 8,000 Unfinished units* 2,500 *100% complete for direct materials and 30% complete for conversion Costs incurred during the current period Direct materials $110,000 Direct labor $55,000 Manufacturing overhead $79,750 Compute the cost per equivalent unit for direct materials and conversion