Use the average cost method with the following data: Work in process, January 1, 5,400 units, 70% completed $47,628 Materials added during January from Weaving Department, 102,100 units 874,997 Direct labor for January 215,614 Factory overhead for January 130,077 Goods finished during January (includes goods in process, January 1), 99,900 units Work in process, January 31, 7,600 units, 10% completed Prepare a cost of production report for the Cutting Department of Dalton Carpet Company for January using the average cost method. If required, round your cost per equivalent unit answer to two decimal places.