Example Exercise 20-5 Cost per Equivalent Unit Obj. 2 The cost of direct materials transferred into the Bottling Department of Rocky Springs Beverage Company is $22,800. The conversion cost for the period in the Bottling Department is $8,790. The total equivalent units for direct materials and conversion are 57,000 liters and 58,600 liters, respectively. Determine the direct materials and conversion costs per equivalent unit. Follow My Example 20-5 $22,800 Direct Materials Cost per Equivalent Unit = 57,000 liters $0.40 per liter $8,790 Conversion Cost per Equivalent Unit = 58,600 liters $0.15 per liter Practice Exercises: PE 20-5A, PE 20-5B PE 20-5B Cost per equivalent unit OBJ. 2 The cost of direct materials transferred into the Rolling Department of Keystone Steel Company is $510,000. The conversion cost for the period in the Rolling Department is $81,200. The total equivalent units for direct materials and conversion are 8,500 tons and 8,120 tons, respectively. Determine the direct materials and conversion costs per equivalent unit