Costs accounted for Completed and transferred out $ Work in process, July 31 Materials $ Conversion costs Total costs $ e Textbook and Media Save for Later Attempts: 0 of 3 used Submit Answer Using multiple attempts will impact your score. 10% score reduction after attempt 2 Show the assignment of costs to units completed and transferred out and to work in process for July. T12 Tables Costs accounted for: Completed and transferred out $ ta Work in process Materials $ Conversion costs Total costs $ SUNLAND INDUSTRIES INC. Cutting Department Production Cost Report Equivalent Units Physical Units Conversion Costs Quantities Materials Units to be accounted for Work in process, July 1 Started into production Total units Units accounted for Completed and transferred out Conversion Costs Costs Materials Unit costs Total Costs $ $ Equivalent units Unit costs $ $ $ Cost Reconciliation Schedule Costs to be accounted for Work in process, July 1 $ Started into production Total costs $ Costs Compute the physical units of production. T12 Tables Units to be accounted for e Textbook and Media Save for Later Using multiple attempts will impact your score. 10% score reduction after attempt 2 (a2) Compute equivalent units of production for materials and for conversion costs. Materials Conversion Costs Total equivalent units Determine the unit costs of production for July. Materials Conversion Costs Total Costs Unit costs-T12 Tables $ $ ta $ Sunland Industries Inc. manufactures dorm furniture in separate processes. In each process, materials are added at the beginning, and conversion costs are incurred uniformly. Production and cost data for the first process in making a product are as follows. Cutting Department Production Data-July T12-Tables Work in process units, July 1 0 Units started into production 23,200 Work in process units, July 31 3,480 Work in process percent complete as to conversion, July 31 60% Cost Data-July Work in process, July 1 $0 Direct materials used in July 440,800 Direct labor incurred in July 271,904 Manufacturing overhead assigned in July 120,640 Total $833,344