Thakin 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. Production Data-July Work in process units. July 1 Units started into production Work in process units, July 31 Work in process percent complete Cutting Department T12-Tables 0 23,800 3,570 60 Cost Data-July Work in process, July 1 Materials Labor Overhead Total $0 452,200 278,936 123,760 $854,896 Costs Conversion Costs Materials Unit costs Total Costs $ $ $ Equivalent units 23,800 Unit costs 19 18 $ $ Costs to be accounted for Work in process, July 1 Started into production $ Total costs Cost Reconciliation Schedule Costs accounted for Transferred out Work in process, July 31 Materials Conversion costs Total costs $