Hi-Tech Mortgage Company uses a process costing system to accumulate costs in its loan application department. When an application is completed, it is forwarded to the loan department for final processing. The following processing and cost data pertain to September: Applications in process on September 1,90 2. Applications started in September, 1,120 3. Completed applications during September, 910 4. Applications still in process at September 30 were 100% complete in terms of materials (forms) and 60% complete in terms of conversion costs. Beginning work in process: Direct materials $1,150 Conversion costs 4,070 September costs: Direct materials $7,320 Direct labour Overhead 10,100 14,170 Materials are the forms used in the application process, and these costs are incurred at the beginning of the process. Conversion costs are incurred uniformly during the process. (a) Determine the equivalent units of service (production) for materials and conversion costs. Materials Total equivalent units Conversion Costs