Nuperk, Inc uses a process costing system. Assembly is the the first process. They add all the raw materials needed for production at the beginning of the process. The following production information for the Assembly process is available for February: Beginning Work in Process Inventory (65% complete as to conversion) 124,000 units Started this period 220,000 units Ending Work in Process Inventory (40% complete as to conversion cost) 118,200 units Beginning Work in Process Inventory Costs: Material $173,000 Conversion $103,800 Current Period Costs: Material $312,600 Conversion $198,600 What is the material cost per equivalent unit using the weighted average method? (Round to two decimal places)