Current Attempt in Progress

The Cutting Department of Oriole Company has the following production and cost data for July.

Production

Completed and transferred out $10,560$ units.

$2,640$ units in ending working in process are $60\%$

complete as to conversion costs and $100\%$

complete as to materials at July $31.$

Costs

Beginning work in process

$$0$

Direct materials

$39,600$

Direct labor

$14,256$

Manufacturing overhead

$16,104$

Materials are entered at the beginning of the process. Conversion costs are incurred uniformly throughout the process.

Determine the equivalent units of production for $(1)$ materials and $(2)$ conversion costs.

Total equivalent units of production

eTextbook and Media

Compute unit costs. $($Round unit costs to $2$ decimal places, e$.$g$.2\mathrm{.}25.)$

Materials $

Conversion costs $

eTextbook and Media

Prepare a cost reconciliation schedule. $($Round unit costs to $2$ decimal places, e$.$g$.2\mathrm{.}25$ and final answers to $0$ decimal places, e$.$g$.1,225.)$

Cost Reconciliation

Costs accounted for

Completed and Transferred out

Work in process, July $31$

Materials

Conversion costs

$

$

$

$