Sparky Corporation uses the FIFO method of process costing. The following information is available for February in its Molding department:

	Units	Direct materials Percent Complete	Conversion Percent Complete
Beginning work in process inventory	28,000	100%	60%
Units started and completed	113,000
Units completed and transferred out	141,000
Ending work in process inventory	31,500	100%	25%

Production cost information for the Molding department follows.

Beginning work in process
Direct materials	$ 46,000
Conversion	51,850	$ 97,850
Costs added this period
Direct materials	$ 316,730
Conversion	602,150	$ 918,880

Calculate the cost per equivalent unit for direct materials.