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Prepare a schedule that shows how the equivalent units were computed so that you can complete the Quantities: Unite accounted for equivalent units section shown

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Prepare a schedule that shows how the equivalent units were computed so that you can complete the "Quantities: Unite accounted for equivalent units section shown in the production cost report, and compute October unit costs. (Round unit costs to 2 decimal places, e.g. 2.25 and other answers to 0 decimal places, e.g. 125.) HAMILTON PROCESSING COMPANY Mixing and Cooking Department Production Cost Report For the Month Ended October 31 Equivalent Units Physical Conversion Quantities Materials Costs Units to be accounted for Work in process, October 1 (al materia. 70W conversion costs) 21,000 Started into production 157,500 Total units 170,500 Units accounted for Transferred out Work in process, October 31 (60% materials, 40 conversion costs) 126,000 126000 126000 $2,500 1500 21000 Total units accounted for 10,5 157500 1-7000 Costs Materials Conversion Costs Total Unit costs Transferred out 126,000 126000 126000 Work in process, October 31 (60% materials, 40% conversion costs) 52,500 31500 21000 Total units accounted for 178,500 157500 147000 Conversion Costs Costs Materials Total Unit costs Total Costs $252,000 $110,250 $362,250 Equivalent units 157500 147000 Unit costs 1.60 0.75 2.35 Costs to be accounted for Work in process, October 1 Started into production $31,500 330,750 $362,250 Total costs Complete the "Cost Reconciliation Schedule" part of the production cost report. Cost Reconciliation Schedule Costs accounted for $ Transferred out Work in process, October 31 Materials $ Conversion costs Total costs

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