The Mixing Department of Tasty Foods has 50,000 equivalent units of materials and 36,000 equivalent units of conversion costs for October. The Mixing Department of Tasty Foods has direct materials costs of $52,000 and conversion costs of $21,600 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/Equivalent units = Cost per equivalent unit

The direct materials cost per equivalent unit = $

The conversion cost per equivalent unit = $