Problem 17-5A (Part Level Submission) Morse 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 2014 are as follows. Production DataBasketballs Units Percent Complete Work in process units, July 1 510 60 % Units started into production 1,350 Work in process units, July 31 530 40 % Cost DataBasketballs Work in process, July 1 Materials $700 Conversion costs 610 $1,310 Direct materials 2,268 Direct labor 1,433 Manufacturing overhead 1,071 LINK TO TEXT LINK TO TEXT (a) Your answer is incorrect. Try again. Calculate the following. (1) The equivalent units of production for materials and conversion costs. Materials Conversion Costs Equivalent Units (2) 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 $ $ (3) The assignment of costs to units transferred out and in process at the end of the accounting period. (Round answers to 0 decimal places, e.g. 2,250.) Costs accounted for: Transferred out $ Work in process, July 31 Materials $ Conversion costs Total costs $