The following cost information is available for July for the Crest Plant at Calvert Company: Materials are added at the beginning of the process. The following quantities have been recorded: - Beginning inventory, 40,000 partially complete gallons, 25 percent complete with respect to conversion costs. - Units started in July, 80,000 gallons. - Units transferred out in July, 90,000 gallons. - Ending inventory, 30,000 gallons, 40 percent complete with respect to conversion costs. Required: Compute the cost per equivalent unit for direct materials and conversion costs for July using the weighted-average meth