Ougnitch Plastics, Inc., manufactures plastic moldings for car seats. Its costing system utilizes two cost categories, direct materials and conversion costs. Direct materials are added at the beginning of production. Conversion costs are allocated evenly throughout production.

Data for February 2012 are:

Work in process, beginning inventory, 200 units.

Units started during February 600 units

Work in process, ending inventory, 100 units

30% be as to conversion costs

100% be as to materials

Costs:

Work in process, beginning inventory:

Direct materials $200,000

Conversion costs $200,000

Direct materials costs added during February $2,000,000

Conversion costs added during February $2,500,000

What is the unit cost per equivalent unit for conversion costs? Please round to two decimals.