In March, Kelly Company had the following unit production costs: materials $10 and conversion costs $9. On March 1, it had no work in process. During March, Kelly transferred out 20,000 units. As of March 31, 5,000 units that were 47% complete for conversion costs and 100% complete for materials were in ending work in process.

What are the total units to be accounted for?

What are the equivalent units of production for materials and conversion costs?

How do you make a cost reconciliation schedule, including the costs of materials transferred out and the costs of materials in process?