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 Respect to Materials 50% 45% Units 98,500 88,500 Completion with Respect to Conversion 25% 20% Work in process inventory, November 1 Work in process inventory, November 30 Materials cost in work in process inventory, November 1 Conversion cost in work in process inventory, November 1 Units started into production Units transferred to the next process Materials cost added during November Conversion cost added during November $ 126,080 $ 22,655 362,500 372,500 $ 566,626 $ 184,151 Required: 1. Assume that the company uses the weighted-average method of accounting for units 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