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Riverwood Manufacturing recorded the following information for the month of August pertaining to its use of materials in Work in Process: beginning inventory 4,000 equivalent

Riverwood Manufacturing recorded the following information for the month of August pertaining to its use of materials in Work in Process: beginning inventory 4,000 equivalent units valued at $13,500; materials of $202,000 were added during the month; ending inventory consisted of 15,000 equivalent units; and 40,000 units were completed and transferred to the next department. What is the FIFO cost per equivalent unit of materials added for the month of September? (Round to the nearest $.001.)

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