1 of 5 < > 0/3 E Current Attempt in Progress Santana Mortgage Company uses a process cost system to accumulate costs in its Application Department. When an application is completed, it is forwarded to the Loan Department for final processing. The following processing and cost data pertain to September. 1. Applications in process on September 1, 200 2. Applications started in September, 900 3. Completed applications during September, 600 4. Applications still in process at September 30 were 100% complete as to materials (forms) and 60% complete as to conversion costs. Beginning WIP: Direct materials $1,250 Conversion costs 4,130 September costs Direct materials $5,020 Direct labor 12,720 Overhead 7.270 -Assignment 1 (ACC201-Spr. 2022) Question 1 of 5 > M Inbox (3,3071-at MyADU 0/3 E Materials are the forms used in the application process, and these costs are incurred at the beginning of the process. Conversion costs are incurred uniformly during the process. x Your answer is incorrect Determine the equivalent units of service (production) for materials and conversion costs. The equivalent units of service (production) eTextbook and Media Materials x Your answer is incorrect. Compute the unit cost. (Round unit costs to 2 decimal places, eg. 2.25) Materials 2100 Conversion Costs Conversion Costs 1500 G Google YouTube MYADU BbLeam N Netflix Assignment 1 (ACC201-Spr. 2022) Question 1 of 5 < > * Your answer is incorrect. Mtml/launchid 99be9ca2-520c-4e6b-aca0-0171739f4b20#/question/0 RD Web Access Professional Asso. M Inbox (3,307)-al MyADU Compute the unit cost. (Round unit costs to 2 decimal places, eg. 2.25) Materials Conversion Costs Unit costs $ 2.99 $ 16.08 eTextbook and Media 0/3 E x Your answer is incorrect. Prepare a cost reconciliation schedule. (Round unit costs to 2 decimal places, eg. 2.25 and final answers to O decimal places, eg 1.225) Costs accounted for: Transferred out 11442 Upd Youtube MyADU BbLearn Netflix RD Web Access Professional Asso M inbox (3,307)-al MyADU Assignment 1 (ACC201-Spr. 2022) Question 1 of 5 < > 0/3 E x Your answer is incorrect. Prepare a cost reconciliation schedule. (Round unit costs to 2 decimal places, eg. 2.25 and final answers to O decimal places, eg. 1.225) Costs accounted for: Transferred out Work in process, September 30 Materials 4479 11442 Conversion costs Total costs eTextbook and Media Save for Later 14472 18957 $ 30399 Attempts: 1 of 3 used Submit