Please answer question 3 as well.

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 83,000 50% 25% Work in process inventory, November 30 80, 000 45% 20% Materials cost in work in process inventory, November 1 $ 34, 030 Conversion cost in work in process inventory, November 1 $ 18, 260 Units started into production 535, 000 Units transferred to the next process 538,000 Materials cost added during November $430, 910 Conversion cost added during November $269, 820 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.) Prey 1 of 5 Next >