JS Kimmel, Accounting, 7e Help System Announcements Exercise 16-06 The Cutting Department of Cassel Company has the following production and cost data for July. Production Costs 1. Transferred out 13,000 units. Beginning work in process $0 2. Started 4,600 units that are 60% complete as to conversion I Materials Labor 68,640 11,472 costs and 100% complete as Manufacturing overhead 23,200 to materials at July 31. CALCULATOR PRINTER VERS 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. Total equivalent units of production Materials Conversion Costs Compute unit costs. (Round unit costs to 2 decimal places, e.g. 2.25.) Materials $