Santana Mortgage Company uses a process cost system to accumulate costs in its Application Department. When an application is completed, it is forwarded to the Loan Department for final processing. The following processing and cost data pertain to September.

1.		Applications in process on September 1, 100
2.		Applications started in September, 1,000
3.		Completed applications during September, 800
4.		Applications still in process at September 30 were 100% complete as to materials (forms) and 60% complete as to conversion costs.

Beginning WIP:
Direct materials		$1,140
Conversion costs		4,070
September costs:
Direct materials		$5,460
Direct labor		12,960
Overhead		9,332

1)Determine the equivalent units of service (production) for materials and conversion costs.

2)Compute the unit cost. (Round unit costs to 2 decimal places, e.g. 2.25.)

3) Prepare a cost reconciliation schedule. (Round unit costs to 2 decimal places, e.g. 2.25 and final answers to 0 decimal places, e.g. 1,225.)