Rauzman Corporation uses the FIFO method in its process costing. The following data concern the companys Mixing Department for the month of August.

	Materials			Conversion
Work in process, August 1	$	15,748		$	22,748
Cost added to production in the Mixing Department during August	$	195,348		$	176,475
Equivalent units of production for August		5,840			5,430

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.)

2- Holling Inc. uses the weighted-average method in its process costing. The following data concern the companys Mixing Department for the month of December.

	Materials		Conversion
Work in process, December 1	$	9,430	$	10,428
Cost added to production in the Mixing
Department during December	$	227,800	$	285,532
Equivalent units of production for December		11,200		10,700

Required:

Compute the cost per equivalent unit for materials and conversion for the Mixing Department in December. (Round your answers to 2 decimal places.)