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 Completion with Respect to Respect to Units Materials Conversion Work in process inventory, November 1 86, 000 50% 25% Work in process inventory, November 30 82,000 45% 20% Materials cost in work in process inventory, November 1 $ 49, 880 Conversion cost in work in process inventory, November 1 $ 25 , 800 Units started into production 545, 000 Units transferred to the next process 549 , 000 Materials cost added during November $524, 302 Conversion cost added during November $313, 440Required: 1. Assume that the company uses the weighted-average method of accounting for units and costs. Determine the equivalent units for November for the rst process. Equivalent units of production | l | 2. Compute the costs per equivalent unit for November for the first process. (Round your answers to 2 decimal places.) Cost per equivalent unit I l | 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.) Cost of ending work in process inventory Cost of units completed and transferred out