The cost of direct materials transferred into the Rolling Department of Kraus Company is $$2,608,500.$ The conversion cost for the period in the Rolling Department is $$38,425.$ The total equivalent units for direct materials and conversion are $3,700$ tons and $265$ tons, respectively.

This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analysis, and input your answers in the questions below.

Open spreadsheet

Determine the direct materials and conversion costs per equivalent unit. Round your answers to the nearest dollar.

Direct materials cost per equivalent unit: $fill in the blank $2$

$704\mathrm{.}59$

per ton

Conversion cost per equivalent unit: $fill in the blank $3$

per ton