Given the following information, compute the unit conversion cost for the month of February for the Michael-Michael Company, using the FIFO process-cost method. Show details of your calculations.

Units completed, 45,000.

Conversion cost in beginning inventory, $30,000.

Beginning inventory, 10,000 units with 75 percent of conversion cost.
Ending inventory, 15,000 units with 30 percent of conversion cost.
Conversion costs put into production in February, $222,600.