Victory Company uses weighted-average process costing to account for its production costs. Conversioncost is added evenly throughout the process. Direct materials are added at the beginning of the process. During November, the company transferred 715,000 units of product to finished goods. At the end of November, the work in process inventory consists of 199,000 units that are 50% complete with respect to conversion. Beginning inventory had $237,640 of direct materials and $122,175 of conversion cost. The direct material cost added in November is $1,590,360, and the conversion cost added is $2,321,325. Beginning work in process consisted of 72,000 units that were 100% complete with respect to direct materials and 80% complete with respect to conversion. Of the units completed, 72,000 were from beginning work in process and 643,000 units were started and completed during the period.

the equivalent units of production with respect to direct materials and conversion

Compute both the direct material cost and the conversion cost per equivalent unit.

the direct material cost and the conversion cost assigned to units completed and transferred out and ending work in process inventory. Round Cost per EUP" to 2 decimal places