During January, the production department of a process operations system completed and transferred to finished goods a total of 70,000 units. At the end of January, 14,000 additional units were in process in the production department and were 50% complete with respect to conversion. The beginning inventory included conversion cost of $40,700 and the production department incurred conversion costs of $323,100 during January. Compute the cost per equivalent unit for conversion for the department using the weighted-average method.