Ring World produces class rings. Its best-selling model has a direct materials standard of 7 grams of a special alloy per ring. This special alloy has a standard cost of $64.50 per gram. In the past month, the company purchased 7,700 grams of this alloy at a total cost of $495,880. A total of 7,300 grams were used last month to produce 1,000 rings. Read the requirements Requirement 1. What is the actual cost per gram of the special alloy that Ring World purchased last month? (Round your answer to the nearest cont.) The actual cost per gram of the special alloy that Ring World purchased last month is