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 2017 are as follows.

Production Data?Basketballs	Units	Percent Complete
Work in process units, July 1	580	60	%
Units started into production	1,380
Work in process units, July 31	570	40	%
Cost Data?Basketballs
Work in process, July 1
Materials	$770
Conversion costs	600	$1,370
Direct materials	2,890
Direct labor	1,880
Manufacturing overhead	1,350

Calculate the equivalent units of production for materials and conversion costs.

Materials	Conversion Costs
Equivalent Units	1960	1618

Calculate the unit costs of production for materials and conversion costs. (Round unit costs to 3 decimal places, e.g. 2.257.)

Materials	Conversion Costs
	Cost Per Unit

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 2017 are as follows. Production DataBasketballs Units Work in process units, July 1 580 Units started into production 1,380 Work in process units, July 31 570 Percent Complete 60 % 40 % Cost DataBasketballs Work in process, July 1 Materials $770 Conversion costs 600 $1,370 Direct materials 2,890 Direct labor 1,880 Manufacturing overhead 1,350 Calculate the equivalent units of production for materials and conversion costs. Material s Equivalent Units 1960 Conversion Costs 1618 Calculate the unit costs of production for materials and conversion costs. (Round unit costs to 3 decimal places, e.g. 2.257.) Materials Cost Per Unit Conversion Costs