Networks Manufacturing Ltd assembles various components used in the networks industry. The companys major product is made by assembling three parts: Alpha1, Beta5 and Delta15. The following information relates to activities in March:

• beginning work in process inventory: o 10,000 units

  o 60% complete as to conversion o Direct materials, $390,400 o Conversion cost, $115,250

• production started, 70,000 units

• ending work in process inventory:

  o 12,000 units

  o 40% complete as to conversion

• direct material used:

  o Alpha1, $310,000 o Beta5, $750,000 o Delta15 $500,000

• hourly wage of direct labours, $22

• total direct labour payroll, $278,300

• overhead application rate; $25 per direct labour hour.

  All parts are introduced at the beginning of the manufacturing process. Conversion costs are incurred uniformly throughout the production process.

• If the company uses weighted average cost to allocate costs to production:

  Calculate the cost per equivalent unit for direct material and conversion cost.