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

Units:

• Beginning Inventory: 44,000 units, 100% completed as to materials and 55% completed as to conversion.
• Units started and completed: 129,00
• Units completed and transferred out: 173,000
• Ending inventory: 39,500 units, 100% completed as to materials and 35% completed as to conversion.

Costs:

• Costs beginning Work in Process - Direct Materials: $62,000
• Costs beginning Work in Process - Conversion: $67,850
• Costs incurred in February - Direct Materials: $414,010.
• Costs incurred in February - Conversion: $618,150

Calculate the cost per equivalent unit of conversion