equivalent units and production cost report. P3.6A (LO 3, 4), AP Hamilton Processing Company uses a weighted-average process cost system and manufactures a single product an industrial carpet shampoo and cleaner used by many universities. The manufacturing activity for the month of October has just been completed. A partially completed produc- tion cost report for the month of October for the Mixing and Cooking Department is shown as follows. Hamilton Processing Company Mixing and Cooking Department Production Cost Report For the Month Ended October 31 Materials $1.60 out . Transferred WIP $282,000 $ 63,000 Equivalent Units Physical Units Materials Conversion Costs Quantities Units to be accounted for Work in process, October 1 (all materials, 70% conversion costs) Started into production 20,000 150,000 Total units 170,000 Units accounted for Transferred out 120,000 Work in process, October 31 (60% materials, 40% conversion costs) 50,000 Total units accounted for 170,000 ? Costs Unit costs Total cost Equivalent units Unit costs Costs to be accounted for Work in process, October 1 Started into production Total costs Cost Reconciliation Schedule Costs accounted for Transferred out Work in process, October 31 Materials Conversion costs Total costs Instructions Materials $240,000 Conversion Costs $105,000 ? Total $345,000 $ $ ? $ 30,000 315,000 $345,000 a. Prepare a schedule that shows how the equivalent units were computed so that you can complete the "Quantities: Units accounted for" equivalent units section shown in the production cost report, and compute October unit costs. b. Complete the "Cost Reconciliation Schedule" part of the production cost report.