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

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.
3. Determine the total cost of ending work in process inventory and the total cost of units transferred to the next process in November.

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Completion with Respect to Materials Completion with Respect to Conversion Units Work in process inverntory, November 1. Work in process inventory, Novermber 30.. 80000 60000 50% 25% 45% 20% Materials cost in wark in pracess inventory, Navember 1. Conversion cost in work in process inventory, Navember 1.. Units started into production., Units transferred to the next process. Materials cost added during November Conversion cost added during November. S76,600 $34900 300,000 320,000 $410,000 $234,500