During the year, the company started 120,000 pounds of material in production Bequired: Prepare a schedule analyzing the physical flow of units and computing the equivalent units of both direct material and conversion for the year. Use weighted average process costing. * Exerci Idaho Lumber Company grows, harvests, and processes timber for use in construction. The following data pertain to the firm's sawmill during November Weighted (LO 4-1 $ 65,000 180.000 Work in process, November 1: Direct material.... Conversion...... Costs incurred during November Direct material Conversion $425,000 690.000 The equivalent units of activity for November were as follows: 7.000 equivalent units of direct material and 1,740 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. Otsego Glass Company manufactures window glass for automobiles. The following data pertain to the Plate Glass Department. HE Cost Weld (LO