SM3-9 (similar to) Question Help The Mixing Department of Best Foods has 65,000 equivalent units of materials and 45,000 equivalent units of conversion costs for October. The Mixing Department of Best Foods has direct materials costs of $48,750 and conversion costs of $24,750 for October. Compute the cost per equivalent unit of production for direct materials and for conversion costs. (Round to the nearest cent.) Begin by determining the formula to compute cost per equivalent unit. Total cost The direct materials cost per equivalent unit = Equivalent units Cost per equivalent unit