Grand River Company produces a high-quality insulation material that passes through two production processes. Data for November for the first process follow: Units Completion with Respect to Materials Completion with Respect to Conversion Work in process inventory, November 1 80,000 50 % 25 % Work in process inventory, November 30 60,000 45 % 20 % Materials cost in work in process inventory, November 1 $ 76,600 Conversion cost in work in process inventory, November 1 $ 34,900 Units started into production 300,000 Units transferred to the next process 320,000 Materials cost added during November $ 410,000 Conversion