Polk Company manufactures basketballs. Materials are added at the beginning of the production process and conversion costs are incurred uniformly. Production and cost data for the month of July 2020 are as follows. Percent Production Data-Basketballs Work in process units, July 1 Units Complete 510 60 % Units started into production 1,440 Work in process units, July 31 600 40 % Cost Data-Basketballs Work in process, July 1 Materials Conversion costs Direct materials Direct labor Manufacturing overhead $780 580 $1,360 2,340 724 1,240 Calculate the equivalent units of production for materials and conversion costs. Materials Equivalent Units Conversion Costs