Richards Corporation uses the FIFO method of process costing. The following information is available for October in its Fabricating Department: Units: Beginning Inventory: 88,000 units, 70% complete as to materials and 20% complete as to conversion. Units started and completed: 258,000. Units completed and transferred out: 346,000. Ending Inventory: 34,000 units, 40% complete as to materials and 15% complete as to conversion. Costs: Costs in beginning Work in Process - Direct Materials: $45,200. Costs in beginning Work in Process - Conversion: $87,700. Costs incurred in October - Direct Materials: $710,740. Costs incurred in October - Conversion: $927,300. Calculate the cost per equivalent unit of materials.