The following information pertains to the Moline Facility for the month of May (all materials are added at the beginning of the process):

	Units	Material Costs
Beginning work in process	90,000	$	35,000
Started in May	240,000		107,600
Units completed	270,000
Ending work in process	60,000

Required:

Compute the cost per equivalent unit for materials using the FIFO method.