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Compute unit costs Cost reconciliation schedule: transferred out___ The Cutting Department of Ivanhoe Company has the following production and cost data for July. Production Costs

Compute unit costs Cost reconciliation schedule: transferred out___

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The Cutting Department of Ivanhoe Company has the following production and cost data for July. Production Costs 1. Completed and transferred out 12,960 units. Beginning work in process SO 2. 3,240 units in ending working in process are 60% Direct materials 81,000 complete as to conversion costs and 100% complete as to materials at July 31. Direct labor 17,496 Manufacturing overhead 19,764 Materials are entered at the beginning of the process. Conversion costs are incurred uniformly throughout the process. (a) Your answer is correct. Determine the equivalent units of production for (1) materials and (2) conversion costs. Materials Conversion Costs Total equivalent units of production 16200 14904 eTextbook and Media Attempts: unlimited (b1) Compute unit costs. (Round unit costs to 2 decimal places, e.g. 2.25.) Materials Conversion costs $ eTextbook and Media Save for Later Attempts: unlimited Submit Answer (b2) The parts of this question must he completed in order This nart will he available when vou complete the nart ahove

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