Rauzman Corporation uses the FIFO method in its process costing. The following data concern the company's Mixing Department for the month of August. Work in process, August 1 Cost added to production in the Mixing Department during August Equivalent units of production for August Materials $ 15,714 $184,842 5,670 Conversion $ 22,714 $162,008 5,260 Required: Compute the cost per equivalent unit for materials and conversion for the Mixing Department for August using the FIFO method. (Round your final answers to 2 decimal places.) Costs per equivalent unit Materials Conversion