Grand River Company produces a high-quality insulation material that passes through two production processes. Data for November for the first process follow Completion with Aspect to Haterials Completion with Respect to Conversion 23 45% Work in process inventory, November 1 Work in process inventory, November 30 Paterials cost in work in process inventory, November 1 Conversion cost in work in process inventory, November 1 Units started its production Units transferred to the next process Materials cost added during November Conversion cost added ring b Required 114,000 337,000 $5, $566,10 $1,00 1. Assume that the company uses the weighted average method of accounting for unts and costs Determine the equivalent units for November for the first process Materials Conversion Eulent unts of production 2. Compute the costs per equivalent unn for November for the first process (Round your answers to 2 decimal places) Materials Conversion Cost per Denemine the cost of riding work in process inventory and the total cost of mansfied to the net op November Round intermediate calculations to 2 decimal places