Holling Incorporated uses the weighted-average method in its process costing. The following data concern the company's Mixing Department for the month of December.
Required:Compute the cost per equivalent unit for materials and conversion for the Mixing Department in December. (Round your answers to 2 decimal places.)

Weighted-Average Method

The process of assessing the cost of goods sold alongside the remaining inventory's value by averaging the costs of all for-sale units during the designated period.

Equivalent Unit

A metric employed in cost accounting to denote the extent of completed work on units that are not yet finished, expressed as an equivalent number of totally completed units.

Conversion Costs

Costs associated with converting raw materials into finished goods, typically including direct labor and manufacturing overhead.