#9

At Trapeze Corporation, direct materials are added at the beginning of the process and conversions costs are uniformly applied. Other details include:

WIP beginning (50% for conversion)	23 comma 20023,200 units
Units started	129 comma 500129,500 units
Units completed and transferred out	107 comma 700107,700 units
WIP ending (60% for conversion)	45 comma 00045,000 units
Beginning WIP direct materials	$ 32 comma 000$32,000
Beginning WIP conversion costs	$22,500
Costs of materials added	$ 384 comma 100$384,100
Costs of conversion added	$271,125

What is the cost per equivalent unit for direct materials? (Round your final answer to the nearest cent.)