Grand Bend Company produces a high-quality insulation material that passes through two production processes. Data for November for the first process follow:

WIP, November 1

Units= 80,000

Completion

with Respect to Materials = 50%

Completion

with Respect to Conversion = 25%

WIP, November 30

Units= 60,000

Completion

with Respect to Materials = 45%

Completion

with Respect to Conversion = 20%

Totals

Materials cost in WIP inventory, November 1

$76,600

Conversion cost in WIP inventory, November 1

34,900

Units started into production

300,000

Units transferred to the next process

320,000

Materials costs added during November

410,000

Conversion cost added during November

234,500

Assume that the company uses the weighted-average method of accounting for units and costs. Determine the equivalent unit for November for the first process.

Compute the costs per equivalent unit for November for the first process.

Determine the total cost of ending work in process inventory and the total cost of units transferred to the next process in November.