Exercise 17-6 The Cutting Department of Cassel Company has the following production and cost data for July.

Production	Costs
1.	Transferred out13,000units.	Beginning work in process	$0
2.	Started4,600units that are 60%	Materials	68,816
complete as to conversion	Labor	11,472
costs and 100% complete as	Manufacturing overhead	23,200
to materials at July 31.

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

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

Materials	Conversion Costs
Total equivalent units of production

Compute unit costs. (Round unit costs to 2 decimal places, e.g. 2.25.)

Materials	$
Conversion costs	$

Prepare a cost reconciliation schedule. (Round unit costs to 2 decimal places, e.g. 2.25 and final answers to 0 decimal places, e.g. 1,225.)

Cost Reconciliation
Costs accounted for
Transferred out	$
Work in process, July 31
Materials	$
Conversion costs
Total costs	$