Closet Company had the following information for the month of December. All direct materials were one hundred percent complete, and beginning materials cost $22,700.

Work in Process Inventory
Beginning balance @ 12/1: 480 units, 10% completed	$ 26,000	Completed 1,100 units and transferred them to finished goods inventory	$ 233,900
Direct materials	80,000
Direct labor	52,000
Overhead Property taxes	19,000
Depreciation	50,000
Utilities	32,000
Indirect labor	20,000
Ending balance @ 12/31: 420 units, 20% completed	$ 45,100

Cost per equivalent unit for materials under the FIFO method is calculated to be (rounded):