Calculate equivalent units and cost per equivalent unit.

Production Department Details	Units Started	Units Completed	Ending Work in Process	Direct Materials ($)	Conversion Costs ($)
Period Costs	25,000	20,000	5,000	$50,000	$70,000

Requirements:

Calculate equivalent units of production for direct materials and conversion costs.

Determine the cost per equivalent unit for direct materials and conversion costs.

Prepare a cost reconciliation report for the production department.