Production costs chargeable to the Finishing Department in June in Hollins Company are materials $12,000, labor $29,500, and overhead $18,000. Equivalent unit of production are materials 20,000 and conversion costs 19,000. Compute the unit costs for materials and conversion costs. Data for Hollins Company are given in BE3-8. Production records indicate that 18,000 units were transferred out, and 2,000 unit in ending work in process were 50% complete as to conversion cost and 100% complete as to materials. Prepare a cost reconciliation schedule