Question 6 0.25 pts A Machining Department had 20 000 units in work in process (WIP) on 1 March. These units were 40 per cent complete with respect to conversion. Direct materials are added at the beginning of the production process, while conversion costs are incurred uniformly throughout the process. An additional 40,000 units were started during March, and 10,000 units were in WIP on 31 March. The units in WIP on 31 March were 39 per cent complete with respect to conversion. Costs incurred in the Machining Department for March were as follows: WIP 1 March cost\" 'ncurrEd Total during March Direct material $78,000 $252,000 $330,000 Conversion $23,200 $142,800 $ 166,000 What is the cost per equivalent unit for conversion? (Round the answer with 2 decimal points)