Exercise 17-6 (Part Level Submission) The Cutting Department of Cassel Company has the following production and cost data for July. Production Costs Beginning work in process Materials Labor Manufacturing overhead $0 67,200 15,614 20,400 1. Transferred out 12,600 units. 2. Started 3,400 units that are 60% complete as to conversion costs and 100% complete as to materials at July 31 Materials are entered at the beginning of the process. Conversion costs are incurred uniformly during 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 16000 14640