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A department uses the FIFO method of process costing. All direct materials are added at the beginning of the process. This department has the following

A department uses the FIFO method of process costing. All direct materials are added at the beginning of the process. This department has the following data for this month.

126 units in beginning WIP (47% complete with respect to conversion costs).

9,284 units started

249 units in ending WIP (34% complete with respect to conversion costs).

$1,653 beginning WIP direct materials costs

$2,105 beginning WIP conversion costs

$89,988 current month direct materials costs

$81,853 current month conversion costs

What is the department's direct material cost per equivalent unit for this month (round final answer to nearest cent if necessary)?

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