Assume that beginning work in process consists of 1,000 units valued at $10,427 ($4,800 are materials). The units are 40% complete as to conversion costs. Materials costs are unchanged, labor costs are $103,706 and manufacturing overhead costs are $51,600 Determine the equivalent units of production for materials and conversion costs. Equivalent Units Materials Conversion costs Compute unit costs and show the assignment of manufacturing costs to units transferred out and in work in process. (Round unit costs to 2 decimal places, e.g. 15.25 and final answers to o decimal places, eg. 125.) Material costs $ Conversion costs $ Total unit costs $ Kaiden Company Cost Reconciliation Schedule Costs accounted for: Work in process, November 1st Materials $ Conversion Costs $ Transferred out Work in process, November 30th Materials $ Conversion Costs Total costs e Textbook and Media Assume that beginning work in process consists of 1,000 units valued at $10,427 ($4,800 are materials). The units are 40% complete as to conversion costs. Materials costs are unchanged, labor costs are $103,706 and manufacturing overhead costs are $51,600 Determine the equivalent units of production for materials and conversion costs. Equivalent Units Materials Conversion costs Compute unit costs and show the assignment of manufacturing costs to units transferred out and in work in process. (Round unit costs to 2 decimal places, e.g. 15.25 and final answers to o decimal places, eg. 125.) Material costs $ Conversion costs $ Total unit costs $ Kaiden Company Cost Reconciliation Schedule Costs accounted for: Work in process, November 1st Materials $ Conversion Costs $ Transferred out Work in process, November 30th Materials $ Conversion Costs Total costs e Textbook and Media