Week 3 Exercises 0 Saved Help Save 3. Exit Submit 4 10 points skipped References MC Graw Hill w Exercise 420 Cost per Equivalent Unit; Weighted-Average (LO 4-1, 4-3, 4-4) Idaho Lumber Company grows, harvests, and processes timber for use in construction. The following data pertain to the rm's sawmill during November. Work in process, November 1 Direct material $ 85,200 Conversion 128, 000 Costs incurred during November Direct material $531,000 Conversion 652, 000 The equivalent units of activity for November were as follows: 7,800 equivalent units of direct material and 2,600 equivalent units of conversion activity. Required: Calculate the cost per equivalent unit, for both direct material and conversion, during November: Use weighted-average process costing. Direct material Conversion