The cost of direct materials transferred into the Filling Department of Satin Skin Lotion Company is $216,000.

Question:

The cost of direct materials transferred into the Filling Department of Satin Skin Lotion Company is $216,000. The conversion cost for the period in the Filling Department is $47,325. The total equivalent units for direct materials and conversion are 480,000 ounces and 473,250 ounces, respectively. Determine the direct materials and conversion costs per equivalent unit.