Tambin Inc. produces a gasoline additive that, when added to the gas tank of the average automobile, is designed to increase gas mileage by 10%. The company's controller suspects that the year-end dollar balances shown below in the inventory accounts may be incorrect. Work in process, December 31 (materials 100% complete; conversion 60% complete) Finished goods, December 31 Units Costs 40,000 45,000 $ 75,000 $128,500 There were no finished goods inventories at the beginning of the year. The company uses the weighted-average method of process costing. There is only one processing department. A review of the company's inventory and cost records shows the following: Costs Units Materials Conversion Work in process, beginning of year (materials 100% complete; conversion 50% complete) 35,000 $ 37,000 $ 63,000 Started into production Costs added during the year Units completed during the year 615,000 830,000 $765,000 $2,150,000 Required: 1. Determine the equivalent units and the costs per equivalent unit for materials and conversion for the year. (Round your "Cost per equivalent unit" answers to 2 decimal places.) Equivalent units of production Cost per equivalent unit Materials Conversion