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.

• 223 units in beginning WIP (41% complete with respect to conversion costs).
• 9,791 units started
• 139 units in ending WIP (32% complete with respect to conversion costs).
• $1,140 beginning WIP direct materials costs
• $1,124 beginning WIP conversion costs
• $92,288 current month direct materials costs
• $85,721 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)?