Kennedy Inc. has the following data for its operation in August:

Increase in direct materials inventory	100	Sets
Direct materials purchased (AQ)	1,600	Sets
Finished goods manufactured	700	Units
Direct materials purchase-price variance	$400	Favorable
Budgeted
Finished goods to manufacture	800	Units
Direct materials purchases	2,000	Sets
Direct materials per unit of finished goods	2	Sets
Direct materials price per set (SP)	$3.60

What was the actual purchase price (AP) per set of direct materials purchased (to two decimal places)?