Idaho 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 $ 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.

Cindy recently played in a softball game in which she misplayed a ground ball for an error. later, in the same game, she made a great catch on a very difficult play. according to the self-serving bias, she would attribute her error to and her good catch to her

Vintage fun reproduces oldminusfashioned style roller skates and skateboards. the annual production and sales of roller skates is 950 units, while 1,750 skateboards are produced and sold. the company has traditionally used direct labor hours to allocate its overhead to products. roller skates require 2.5 direct labor hours per unit, while skateboards require 1.25 direct labor hours per unit. the total estimated overhead for the period is $114,300. the company is looking at the possibility of changing to an activityminusbased costing system for its products. if the company used an activityminusbased costing system, it would have the following three activity cost pools: the overhead cost per skateboard using the traditional costing system would be closest to: a. $9.31. b. $65.31. c. $25.05. your answer is not correct.d.

True or false entrepreneurs try to meet the needs of the marketplace by supplying a service or product