The following cost information is available for July for the Crest Plant at Calvert Company:

Beginning work-in-process inventory

Materials cost $ 58,000

Conversion cost 37,000

Total $ 95,000

Current costs

Materials cost $ 140,000

Conversion cost 390,000

Total $ 530,000

Materials are added at the beginning of the process. The following quantities have been recorded:

Beginning inventory, 42,000 partially complete gallons, 45 percent complete with respect to conversion costs.

Units started in July, 82,000 gallons.

Units transferred out in July, 92,000 gallons.

Ending inventory, 32,000 gallons, 60 percent complete with respect to conversion costs. Required:

Compute the cost per equivalent unit for direct materials and for conversion costs for July using the FIFO method. Note: Round your answers to 2 decimal places.