3 Grand River Company produces a high-quality insulation material that passes through two production processes. Date for November for the first process follow Completo Completion with Hespect with respect Units to Materials to Conversion Work in process inventory, November 1 116.500 25% Work in process inventory, November 10 68,000 45% Materials cost in work in process inventory, November 1 82,715 Conversion cost in work in process inventory, November 1 $ 38,445 Units started into production 522,500 Units transferred to the next process 571,000 Materials cost added during November $ 585,061 Conversion cost added during November $ 329,851 .57 Required: 1. Assume that the company uses the weighted average method of accounting for unlts and costs. Determine the equivalent units for November for the first process. Materials Conversion Equivalent units of production 2. Compute the costs per equivalent unit for November for the first process. (Round your answers to 2 decimal places.) Materials Conversion Cost per equivalent unit 3. Determine the total cost of ending work in process inventory and the total cost of units transferred to the next process in November (Round intermediate calculations to 2 decimal places.) Materials Conversion Total Cost of ending work in process inventory Cost of units completed and transferred out