The Baking Department uses process cost accounting. The department adds materials at the beginning of the process. During July, $180,000 of materials costs and $123,000 in conversion costs were charged to the department. The beginning work in process inventory was $128,000 on July 1 , comprised of $100,000 of materials costs and $28,000 of conversion costs. C Instructions Answer the following questions and show computations to support your answers. 1. How many physical units have to be accounted for in July? 2. What are the equivalent units of production for materials and for conversion costs for the month of July? 3. What is the total cost assigned to the 100,000 units that were transferred out of the process in July