The Cutting Department of Carla Vista Company has the following production and cost data for July. Production Costs 1. $0 Completed and transferred out 11.520 units. 2,880 units in ending working in process are 60% complete as to conversion costs and 100% complete as to materials at July 31. Beginning work in process Direct materials 2. 72,000 Direct labor 15,552 Manufacturing overhead 17,568 Materials are entered at the beginning of the process. Conversion costs are incurred uniformly throughout the process. (a) Your answer is correct. Determine the equivalent units of production for (1) materials and (2) conversion costs. Materials Conversion Costs Total equivalent units of production 14400 13248 e Textbook and Media Attempts: 1 of 5 used (61) Your answer is correct. Compute unit costs. (Round unit costs to 2 decimal places, e.g. 2.25.) Materials $ $ 5 Conversion costs $ 2.5 e Textbook and Media Attempts: 2 of 5 used (62) Your answer is partially correct. Prepare a cost reconciliation schedule. (Round unit costs to 2 decimal places, e.g. 2.25 and final answers to decimal places, eg. 1,225.) Cost Reconciliation Costs accounted for Completed and Transferred out $ Work in process, July 31 Materials $ 14400 Conversion costs 4320 18720 Total costs S