Question 13 Holton Company has the following equivalent units for July: materials 20,000 conversion costs 18,000 Production cost data are: Work in process, July 1 Costs added in July Materials $ 8,000 63,000 Conversion $3,750 52,500 Costs per equivalent units are: Materials Conversion Costs $3.15 $3.13 3.55 2.92 3.15 2.92 3.55 3.13