Oriole Company manufactures basketballs. The first step is the production of internal rubber bladders. Materials are added at the beginning of the production process, and conversion costs are incurred uniformly. Production and cost data for the Bladder Department for July 2022 are as follows. Units Percent Complete 60 % 400 1.170 500 40 % Production Data-Basketballs Work in process units, July 1 Units started into production Work in process units, July 31 Cost Data-Basketballs Work in process, July 1 Materials Conversion costs Costs added during July Direct materials Direct labor Manufacturing overhead $720 600 $ 1,320 2,106 476 1,210 Calculate the equivalent units of production for materials and conversion costs. Materials Conversion Costs Equivalent Units 1570 1270 e Textbook and Media A (2) Your answer is correct. Calculate the unit costs of production for materials and conversion costs. (Round unit costs to 2 decimal places, e Materials Conversion Costs Cost per unit $ 1.8 $ 1.8 Calculate the assignment of costs to units completed and transferred out and to work in process at the end of the accounting period. Costs accounted for: Completed and transferred out 3852 Work in process, July 31 Materials 900 Conversion costs 360 1260 Total costs 5112 ORIOLE COMPANY Bladder Department Production Cost Report For the Month Ended July 31, 2022 Equivalent Units Physical Units Conversion Costs Materials 1.170 1,170 LURIVER DIT Toy Units Materials Costs 0 1.170 1,170 3852 3852 3852 500 500 200 1.170 4352 4052 Materials Costs Total $ $ $ $ $ $ 0 5112 Costs Conversion Costs Materials Unit costs Total costs $ $ Equivalent units Unit costs $ I $ Cost Reconciliation Schedule Costs to be accounted for Work in process, July 1 Started into production $ Total costs Costs accounted for $ Completed and transferred Work in process, July 31 Materials 900 Conversion costs 360 $ Total costs