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. Cutting Department Production Data-July T12-Tables Work in process units, July 1 0 Units started into production 23,800 Work in process units, July 31 3,570 Work in process percent complete 60 Cost Data-July Work in process, July 1 $0 Materials 452,200 Labor 278,936 Overhead Total 123,760 $854,896 Quantities Units to be accounted for Workin process, July 1 Started into production Total units Units accounted for Transferred out Workin process, July 31 Total units Costs Unit costs Total Costs Equivalent units Unit costs Costs to be accounted for Workin process, July 1 Started into production Total costs Cost Reconciliation Schedule Costa Physical Production Cost Report For the Month Ended July 31, 2020 Equivalent Units Units Materials 0000 000 Conversion Materials Costs Conversion Costs LLA Cost Reconciliation Schedule Costs accounted for Transferred out Workin process, July 31 Materials Conversion costs Total costs fA $ $