Rainbow Glass Company manufactures decorative glass products. The firm employs a process-costing system for its manufacturing operations. All direct materials are added at the beginning of the process, and conversion costs are incurred uniformly throughout the process. The company's production schedule for October follows: Units Work in process on October 1 (70% complete as to conversion) 5 , 600 Units started during October 8 , 900 Total units to account for 14 , 500 Units from beginning work in process, which were completed and transferred out during October 5 , 600 Units started and completed during October 6, 000 Work in process on October 31 (45% complete as to conversion) 2, 900 Total units accounted for 14, 500 Required: Calculate each of the following amounts using weighted-average process costing. 1. Equivalent units of direct material during October. 2. Equivalent units of conversion activity during October. Equivalent Units 1. Direct material 2. ConversionIdaho Lumber Company grows, harvests, and processes timber for use in construction The following data pertain to the firm's sawmill during November Work in process, November 1 Direct material $ 83,500 Conversion 122,600 Costs incurred during November Direct material $ 471,500 Conversion 756,000 The equivalent units of activity for November were as follows: 7,400 equivalent units of direct material and 2,300 equivalent units of conversion activity' Required: Calculate the cost per equivalent unit, for both direct material and conversion, during November. Use weightedaverage process costings