Work in process inventory, November 1 121,000

materials = 50 %. Conversion = 25 %

Work in process inventory, November 30 72,000

Material = 45 %. Conversion= 20 %

Materials cost in work in process inventory, November 1 $ 56,870

Conversion cost in work in process inventory, November 1 $ 33,880

Units started into production 390,000 Units transferred to the next process 439,000 Materials cost added during November $ 353,248 Conversion cost added during November $ 229,092 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. For materials and conversion 2. Compute the costs per equivalent unit for November for the first process. (Round your answers to 2 decimal places.) for materials and conversion 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.) material and conversion