The Mixing Department of Foods for You has 62,000 equivalent units of materials and 42,800 equivalent units of conversion costs for October. The Mixing Department of Foods for You has direct materials costs of $55,800 and conversion costs of $32,100 for October. Compute the cost per equivalent unit of production for direct materials and for conversion costs. (Round to the nearest cent.) Begin by determining the formula to compute cost per equivalent unit. Cost of completed units T Cost of work in process units Equivalent units Total cost Cost per equivalent unit The Mixing Department of Foods for You has 62,000 equivalent units of materials and 42,800 equivalent units of conversion costs for October. The Mixing Department of Foods for You has direct materials costs of $55,800 and conversion costs of $32,100 for October. Compute the cost per equivalent unit of production for direct materials and for conversion costs. (Round to the nearest cent.) Begin by determining the formula to compute cost per equivalent unit. The direct materials cost per equivalent unit = The conversion cost per equivalent unit = Cost per equivalent unit