View previous attempt Sparky Corporation uses the FIFO method of process costing. The following information is available for February in its Molding department 13 Direct materials Conversion Percent Percent Completo Complete 1005 600 Beginning work in process inventory Units started and completed Units completed and transferred out Ending work in process inventory Units 35,000 120,000 155,000 35,000 100 30 Production cost information for the Molding department follows: Beginning work in process Direct materials Conversion Costs added this period Direct materials Conversion $ 53,000 58.850 $ 111,850 $ 357. 400 609,150 $ 966,550 Calculate the cost per equivalent unit for direct materials