Sheridan Industries Inc. manufactures dorm furniture in separate processes. In each process, materials are entered at the beginning, and conversion costs are incurred uniformly. Production and cost data for the first process in making a product are as follows. Cutting Department T12-Tables Production Data-July Work in process units, July 1 Units started into production Work in process units, July 31 Work in process percent complete 0 21,000 3,150 60 Cost Data-July Work in process, July 1 Materials Labor $0 399,000 246,120 109,200 $754,320 Overhead Total Compute the physical units of production. T12 Tables Units to be accounted for 21000 Click if you would like to Show Work for this question: Open Show Work SHOW SOLUTION SHOW ANSWER LINK TO TEXT LINK TO TEXT Attempts: 1 of 15 used (a2) Your answer is correct. Compute equivalent units of production for materials and for conversion costs. Materials Conversion Costs T12 Tables 21000 19740 cliciwu Show Morforie auction non Show Work Your answer is correct. Determine the unit costs of production. Materials Conversion Costs Total Costs Unit costs-T12 Tables 19 18 37 Click if you would like to Show Work for this question: Open Show Work (24) Show the assignment of costs to units transferred out and in process. T12 Tables Costs accounted for: Transferred out Work in process Materials Conversion costs Total costs $