The balance in beginning Work in Process atHandleyRubber Company for direct labor was $150,000. During the month of March, an additional $738,978of direct labor was incurred, and32,400pounds of rubber were produced. At the end of March,10,700pounds of rubber were in process and the units were60percent complete. At the start of March, the company had5,400pounds of rubber that were40percent complete.

Calculate the cost per equivalent unit for labor, assuming that labor is added uniformly throughout the production process.(Round answer to 2 decimal places, e.g. 25.26.)

Cost per equivalent unit $????? per pound