The following cost information is avaliable for July for the Crest Plant at Calvert Company: Materials are added at the beginning of the process. The following quantities have been recorded: - Beginning inventory, 45,000 partially complete gallons, 75 percent complete with respect to conversion costs. - Units started in July, 85,000 gallons. - Units transferred out in July, 95,000 gallons. - Ending inventory, 35,000 gallons, 90 percent complete with respect to conversion costs. Required: Compute the cost per equivalent unit for direct materials and for conversion costs for July using the FiFO method. Note: Round your answers to 2 decimal places