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Vuest 2 OT 45 ./25 E View Policies Current Attempt in Progress The Cutting Department of Martinez Company has the following production and cost data for July Production 1. Completed and transferred out 14.400 units 2 Ending work in process inventory, 4,800 units that are 60% complete as to conversion costs and 100% complete as to materials at July 31 Costs $0 Beginning work in process inventory Materials 57,600 Labor 13.824 Manufacturing overhead 24.192 Materials are entered at the beginning of the process. Conversion costs are incurred uniformly during the process. Materials are entered at the beginning of the process. Conversion costs are incurred uniformly during the process. Determine the equivalent units of production for materials and conversion costs. Materials Conversion cost Compute unit costs. (Round answer to 2 decimal places, e.g. 52.75.) Material cost $ per unit $ Conversion cost per unit Prepare a cost reconciliation schedule. Cost reconciliation schedule Costs accounted for Completed and transferred out $ Work in process, July 31 Materials $ Conversion costs Total costs accounted for Attempts: 0 of 1 used Submit Answer Save for Later