7 Lakewood Manufacturing's November Work in Process records noted the following information regarding conversions costs used during the month: Beginning inventory... Conversion costs added. 3870 EUS $387,500 $6.000 per EU Completed units transferred out. 60,000 Ending inventory................ 10,000 units 60% complete What is the FIFO cost per equivalent unit of conversion added for the month? (Round to the nearest $.001.)