Saskatchewan Pulses Company makes flour from high-protein lentils. It uses a process costing system. In the month of January, the company started 12,550 units and completed and transferred out 8,800 units. There were no beginning inventories in January. Januarys ending inventories were 70% complete with respect to labour and overhead and 100% complete with respect to materials. The company incurred $22,060 in conversion costs and $23,500 in direct materials costs during January.

Required: What will be the total cost per equivalent unit? (Round up your answer to 2 decimal places.)