Required:

Calculate the cost per equivalent unit, for both direct material and conversion, during November. Use weighted-average process costing.

Idaho Lumber Company grows, harvests, and processes timber for use in construction. The following data pertain to the firm's sawmill during November. $ 68,200 176,000 Work in process, November 1 Direct material Conversion Costs incurred during November Direct material Conversion $680,000 660,000 The equivalent units of activity for November were as follows: 8,600 equivalent units of direct material and 2,200 equivalent units of conversion activity