The Matsui Lubricants plant uses the FIFO method to account for its work$-$in$-$process inventories. The accounting records show the following information for a particular day:

Beginning WIP inventory

Direct materials $ $2,026$

Conversion costs $642$

Current period costs

Direct materials $23,840$

Conversion costs $13,524$

Quantity information is obtained from the manufacturing records and includes the following:

Beginning inventory $580$ units $(60\%$ complete as to materials,

$50\%$ complete as to conversion$)$

Current period units started $3,800$ units

Ending inventory $1,300$ units $(40\%$ complete as to materials,

$20\%$ complete as to conversion$)$

Required:

Compute the cost per equivalent unit for direct materials and for conversion costs using the FIFO method. $($Round your answers to $2$ decimal places.$)$