5 of 6 < > View Policies -/25 !!! Current Attempt in Progress Pharoah Industries Inc. manufactures dorm furniture in separate processes. In each process, materials are added at the beginning, and conversion costs are incurred uniformly. Production and cost data for the first process in making a product are as follows. Cutting Department Production Data-July Work in process units, July 1 T12-Tables 0 Units started into production 22.400 Work in process units, July 31 3,360 Work in process percent complete as to conversion, July 31 60% Cost Data-July Work in process, July 1 $0 Direct materials used in July 425.600 Direct labor incurred in July 262.528 Manufacturing overhead assigned in July 116,480 Total Compute the physical units of production. Units to be accounted for eTextbook and Media T12 Tables 22400 $804.608 Compute equivalent units of production for materials and for conversion costs. Total equivalent units Materials 22400 Conversion Costs 13440 Assistance Used Ass Used Determine the unit costs of production for July. Unit costs-T12 Tables $ eTextbook and Media Materials 19 $ Conversion Costs Total Costs $ Show the assignment of costs to units completed and transferred out and to work in process for July. Costs accounted for: Completed and transferred out Work in process Materials Conversion costs $ T12 Tables $ Assistance Used Prepare the production cost report for July 2022. Quantities Units to be accounted for Work in process, July 1 Started into production Total units Units Physical PHAROAH INDUSTRIES INC. Cutting Department Production Cost Report Units Materials Equivalent Units Conversion Costs accounted for Completed and transferred out Work in process, July 31 Total units Costs Unit costs Total Costs Equivalent units Unit costs $ SA +A $ Materials +A $ +A $ Conversion Costs $ $ Cost Reconciliation Schedule Costs to be accounted for Work in process, July 1 Started into production Total costs Costs accounted for Completed and transferred out Work in process, July 31 $ $ $ Materials Conversion costs Total costs eTextbook and Media $ $ Save for Later Last saved 2 minutes ago. Attempts: 0 of 1 used Submit