Prepare the production cost report for July 2020. BONITA INDUSTRIES INC. Cutting Department-Plant 1 Production Cost Report For the Month Ended July 31, 2020 Equivalent Units Physical Conversion Quantities Units Materials Costs Units to be accounted for Work in process, July 1 Started into production 23,800 0 Total units 23,800 Units accounted for Transferred out Work in process, July 31 748,510.00 67,830.00 38,556.00 Total units Costs Conversion Costs Materials Total Materials Conversion Costs Total Costs Unit costs Total Costs Equivalent units Unit costs Costs to be accounted for Work in process, July 1 Started into production Total costs Cost Reconciliation Schedule Costs accounted for Transferred out Work in process, July 31 Materials $ Conversion costs Total costs Click if you would like to Show Work for this question: Open Show Work Problem 21-3A al-a4, b (Part Level Submission) (Video) Bonita Industries Inc. manufactures dorm furniture in separate processes. In each process, materials are entered at the beginning, and conversion costs are incurred uniformly. Production and cost data for the first process in making a product are as follows. Cutting Department Production Data-July T12-Tables Work in process units, July 1 0 Units started into production 23,800 Work in process units, July 31 3,570 Work in process percent complete 60 Cost Data-July Work in process, July 1 Materials Labor $0 452,200 278,936 123,760 $854,896 Overhead Total (al)