April 1, work in process:

Materials cost, 3,000 units $7,500

Conversion costs, 3,000 units, 80% completed 6,000

Materials added during April, 10,000 units 29,000

Conversion costs during April 35,000

Goods finished during April, 11,500 units

April 30, work in process, 1,500 units, 60% completed

All direct materials are placed in process at the beginning of the process and the average cost method is used to cost inventories.

The conversion cost per equivalent unit (to the nearest cent) for April is