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

UnitsCompletion with Respect to MaterialsCompletion with Respect to ConversionWork in process inventory, November 192,000 50% 25% Work in process inventory, November 3080,000 45% 20% Materials cost in work in process inventory, November 1 $69,920 Conversion cost in work in process inventory, November 1 $55,200 Units started into production 522,500 Units transferred to the next process 534,500 Materials cost added during November $591,860 Conversion cost added during November $440,250

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.

2. Compute the costs per equivalent unit for November for the first process. (Round your answers to 2 decimal places.)

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.)