M)

A company had, at the beginning of 2010, a work in process of 10,000 units.

During 2010, 57,500 additional units were started into production.

Ending work in process on December 31, 2010, was 7,500 units.

The Beginning Work in Process was 100% complete as to DM and 75% complete as to CC.

The Ending Work in Process was 100% complete as to DM and 50% complete as to CC.

Total DM put into process cost $57,500.

Total CC put into process cost $84,375.

Beginning Work in Process cost $21,250.

All materials are added at the start of the production process, and conversion costs are incurred uniformly throughout manufacturing. A company uses a FIFO process cost system.

Required:

How much is the Cost per Equivalent Unit for Direct Materials costs during 2010?