Corny Inc. produces a single product in a process costing environment. All materials are added when the conversion process is 60% complete. For the current period the following information is given:

Units Material Costs Conversion Costs

Beginning Inventory	3,500	$4,500	$5,400
Started During the Current Period	20,000	$32,000	$78,200
Ending Inventory	2,000

The beginning inventory was 40% complete as to conversion, while the ending inventory was 70% completed for conversion purposes. Corny uses the weighted-average costing method.

The cost per equivalent unit for direct materials using weighted average is: