ACC 202-Exam 2-Chapter 16, 17 & 18 FIRST AND LAST NAME 5. The Cutting Department of Sanderson Company has the following production and cost data July. (10 Points) Production Costs 1. Transferred out 15,000 units $ Beginning work in process Materials Labor Manufacturing overhead 2. Ending work in process, 5,000 units that are 60% complete as to conversion costs and 100% complete as to materials at July 31 70,000 21,600 25,200 Materials are entered at the beginning of the process. Conversion costs are incurred unifo during the process. Instructions (a) Determine/calculate the equivalent units of production: Equivalent Units of Production (1)Materials (2) Conversion Costs Answer: Determine/compute the unit costs: Unit Cost (1) Materials (b) Answer (2) Conversion Costs (c) Prepare a Cost Reconciliation Schedule: Sanderson Company Cutting Department Cost Reconciliation Schedule