Zap Rap Inc. is a manufacturer of audio CDs. The company's chief financial officer is trying to verily the accuracy of the December 31 work in process and finished goods inventories prior to closing the books for the year. He strongly suspects that the year-end dollar balances are incorrect, but he believes that all the other data are accurate. The year-end balances shown on Zap Rap's books are as follows: Units Work in process, December 31 (materials 100% complete; Finished goods, December 31 36,400 62,700 $150,310 $314,305 There were no finished goods inventories at the caginning of the year. The company uses the weighted- average method of process costing. There is only one processing department. A review of the company's inventory and cost records has disclosed the following data: Costs Units work in process, January 1 (materials 100% complete; con Started into production 37,800 $71,820 $100,170 $1,677,700 $2,833,280 883,000 884,400 Required 1. Determine the equivalent units and the costs per equivalent unit for materials and conversion for the year. (Round your "Cost per equivalent unit" answers to 2 decimal places) Equivalent units of production Cost per equivalent unit