oints 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 Work in process inventory, November 1 111,000 Completion with Respect to Conversion 25% Work in process inventory, November 30 106,000 45% 20% Materials cost in work in process inventory, November 1 Conversion cost in work in process inventory, November 11 $8,910 $ 49,950 477,500 482,500 $551,632 $327,825 Units started into production Units transferred to the next process Materials cost added during November Conversion cost added during November 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. Equivalent units of production Materials Conversion. 6 points 2. Compute the costs per equivalent unit for November for the first process. (Round your answers to 2 decimal places.) Cost per equivalent unit Materials Conversion 3. Determine the total cost of ending work in process inventery 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