7. Maddock Inc. uses a process cost accounting system for its paper mill. The cost incurred for production last week in its rolling department was: $38,000 for direct materials, $20,000 for direct labor, and $14,000 of factory overhead applied. Equivalent units for direct materials cost are 4,200, and equivalent units for conversion costs are 4,000. a) Calculate Direct Materials cost per equivalent unit (round to $0.00). b) Calculate Conversion cost per equivalent unit (round to $0.00)