Owens Corporation uses a process costing system. For March, the beginning work in process inventory consisted of 60,000 units that were 60% complete with respect to processing. The ending work in process inventory for the month consisted of units that were 20% complete with respect to processing. A summary of unit and cost data for the month follows:

	Units	Processing Cost
Work-in-process inventory, March 1	60,000	$	35,000
Units started into production and costs incurred during the month	190,000	$	700,000
Units completed and transferred out	200,000

Assuming that Owens Corporation uses the weighted-average method, which of the following is closest to the cost per equivalent unit for processing cost for March?