Terra Energy Company refines a variety of petrochemical products. The following data are from the firm’s Lodi plant.

Required: Compute the equivalent units of direct material and conversion for the month of November.
Use the weighted-average method of process costing.

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Work in process, November 1 Direct material........ 2,000,000 gallons 100% complete 25% complete Conversion....... Units started in process during November 950,000 gallons Work in process, November 30. 240,000 gallons Direct material.......... Conversion............ 100% complete 80% complete