Part 1. Victory Company uses the weighted-average process costing system to account for its production cost. Conversion cost is added evenly throughout the process, while direct materials are added at the beginning of the process. Beginning Work-in-Process consisted of 60,000 units that were 100% complete with respect to direct materials, and 80% complete with respect to conversion. During November the company transferred 700,000 units to finished goods. At the end of November, the work in process had 180,000 units that were 30% complete with respect to conversion. The beginning inventory had $420,000 of direct material cost and $139,000 of conversion cost. The company added $2,220,000 of direct materials and $3,254,000 of conversion cost in November.

1. Calculate the equivalent units of production for direct materials and conversion in November.
2. Calculate the unit cost for direct materials and for conversion for November.