Exercise 170 (Part Level Submission) The Finishing Department of Edwards Company has the following production and cost data for July: 1. Transferred out, 8,000 units. 2. Ending work in process, 2,000 units that are 40% completed at July 31. 3. Materials added, $30,000; conversion costs incurred, $17,600. Materials are entered at the beginning of the process. Conversion costs are incurred uniformly during the process. (b) Compute unit costs and prepare a cost reconciliation schedule. Unit cost 3.41 $ Cost reconciliation schedule Costs accounted for Transferred out 8000 $ Work in process, July 31 Materials $ Conversion costs Total costs $