Overboard Corporation uses the FIFO method in its process costing system. In the Cutting Department in June, units were 80% complete with respect to conversion in the beginning work in process inventory and 25% complete with respect to conversion in the ending work in process inventory. Other data for the department for June follow:

	Units	Conversion Cost
Beginning work in process inventory	23,900	$	42,000
Units started into production, and costs incurred during the month	163,000	$	243,000
Units completed and transferred out	143,000

The cost per equivalent unit for conversion cost is closest to: