Surf's Up manufactures surfboards. Production has just been completed for May 2015. The beginning balances in Work in Process Inventory were direct materials costs, $31,400, and conversion costs, $16,400. Cost of direct materials used in March was $394,800, and March's conversion costs were $598,400. A schedule of equivalent production for March has already been prepared. It shows a total of 9,400 equivalent units as to direct materials and 8,800 equivalent units as to conversion costs.

From this information, compute the cost per equivalent unit for materials in May?

From this information, compute the conversion cost per equivalent unit for May?