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	41,000	100%	60%
Units started and completed	126,000
Units completed and transferred out	167,000
Ending work in process inventory	38,000	100%	30%

Production cost information for the Molding department follows.

Beginning work in process
Direct materials	$ 59,000
Conversion	64,850	$ 123,850
Costs added this period
Direct materials	$ 394,600
Conversion	615,150	$ 1,009,750

Calculate the cost per equivalent unit for direct materials.