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The Cutting Department of SCS Company has the following production and cost data for July. as Production Costs 1. Transferred out 15,000 Beginning work in process RM-O- units Materials 70,000 2. Ending work in process, Labor 21,600 5,000 units that are 60% Manufacturing overhead 25,200 complete to conversion costs and 100% complete as to materials at July 31. Materials are entered at the beginning of the process. Conversion costs are incurred uniformly during the process. Required: (a) Determine the equivalent units of production for (1) materials and (2) conversion costs. (b) Compute unit costs and prepare a cost reconciliation schedule