Sandhill Company is preparing its costing data for their most recent year which is the company's fourth year of operations. Sandhill creates booklets of metallic scrapbook paper that it sells via an online platform to customers all around the world. The company started the year with 980 units with Direct Materials (DM) 100\% completed and Conversion Costs (CC) 37% completed. During the year, Sandhill started 56200 units and completed 55930 units, and at year-end it had 1250 units with DM 100\% completed and CC 79% completed. The equivalent costs for DM are $27600, and the equivalent costs for CC are $34700. Sandhill has chosen the FirstIn, First-Out (FIFO) method for its process costing. What is the equivalent cost per unit for Direct Materials? (Round intermediate calculations to 0 decimal places, e.g. 25,000.) $0.68 $0.67 $1.44 $0.49