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 Conversion costs Current period costs Direct materials $1,976 532 22,020 12,968 Conversion costs Quantity information is obtained from the manufacturing records and includes the following: 610 units (70% complete as to materials, 50% complete as to conversion) Beginning inventory Current period units started Ending inventory 3,600 units 1,100 units (50% 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.) Cost per Equivalent Units Direct materials Conversion costs