Idaho Lumber Company grows, harvests, and processes timber for use in construction. The following data pertain to the firm's sawmill during November. $ 86,700 121,000 Work in process, November 1 Direct material Conversion Costs incurred during November Direct material Conversion $382,500 525,000 The equivalent units of activity for November were as follows: 6,800 equivalent units of direct material and 1,700 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. Cost per Equivalent Unit Direct material Conversion