Question 31 The assembly department of Geraldine Furniture Company has the following production and manufacturing cost data for January 2020, the first month of operation: 1. Production: 19,500 units finished and transferred out; 4,700 units started that are 00% compete for mater as and SO% complete or conversion costs. 2. Manufacturing costs: materials $65,340; labour $41,000; overhead $54,976. Calculate the unit costs. (Round unit costs to 2 decimal places, e.g. 15.25.) Unit cost Materials Conversion Total Prepare a cost reconciliation schedule Cost Reconciliation Schedule Costs accounted for: Transferred out Work in process, Jan. 31: Materials Conversion cost Total cost