1. 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.

   • 214 units in beginning WIP (73% complete with respect to conversion costs).
   • 8,477 units started
   • 119 units in ending WIP (67% complete with respect to conversion costs).
   • $2,087 beginning WIP direct materials costs
   • $1,702 beginning WIP conversion costs
   • $112,915 current month direct materials costs
   • $92,268 current month conversion costs

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