Last year, a mother in a small african nation could buy a pound of flour for the u. s. equivalent of $1.30. six months ago, an identical pound of flour costs $3.40. today she would need $5.60 to buy that pound of flour. this example of the general upward movement of prices is called:

The smelting department of kiner company has the following production and cost data for november. production: beginning work in process 3,700 units that are 100% complete as to materials and 23% complete as to conversion costs; units transferred out 10,500 units; and ending work in process 8,100 units that are 100% complete as to materials and 41% complete as to conversion costs. compute the equivalent units of production for (a) materials and (b) conversion costs for the month of november.