The following information about the work-in-process Inventory pertains to the Remington Plant for the month of July (all materials are added at the beginning of the process): Beginning work in process (29,000 units): Percentage complete with respect to Conta Ending work in process (45,000 units); Percentage complete with respect to Costs Cost per equivalent unit Materials Conversion Direct Materials Conversion 100% $ 85,100 27 100% 20% $ 20,136 22 The Remington Plant started 219,000 units and transferred out 203,000 in July, Materials costs incurred in July were $624,000 and conversion costs were $1,009,000. Required: Compute the cost per equivalent unit for materials and conversion costs using the FIFO method. Note: Round your answers to 2 decimal places. 60%