Pk Company manufactures basketballs Materials are added at the beginning of the produc voured uniformly Production and cost data for the month of July 2020 are as follows cess and conversi Percent Production Data-Basketball Uits Complete Work in process units July 1 500 60 % Units started into production 1,000 Work in process units Auly 31 600 40 % Cost Date-Basketballs Work in process, July 1 Materials 5750 Conversion costs 600 $1.350 Direct materials 2400 Direct labor 1540 Manufacturing overhead 1240 Your answer is t Calculate the equivalent units of production for materials and conversion costs Equivalent Units Materials 1300 Conversion Costs 1140 Your answer is correct Calculate the unit costs of production for materials and conversion costs Round unit ants to 2 decimal pl2.25) Material Casper $ 2.30 Conversion Costs Your awer is correct Calculate the assignment of costs to units transferred out and in process at the end of the accounting Costs accounted for Transferred out Work in process, July 31 Materials 1.340 4590 Conversion costs 720 Total costs 6330