The cutting department of Groneman Manufacturing has the following production and cost data for July. Production 1. Transferred out 11,600 units. 2. Started 3,500 units that are 60% complete in terms of conversion Costs Beginning work in $0 process Materials 49,830 Labour 15,500 5,050 overhead costs and 100% complete in terms of materials at Manufacturing July 31. Materials are entered at the beginning of the process. Conversion costs are incurred uniformly during the process. Determine the equivalent units of production for materials and conversion costs. Total equivalent units Materials Conversion Costs LINK TO TEXT LINK TO TEXT Calculate unit costs and prepare a cost reconciliation schedule. (Round unit costs to 2 decimal places, e.g. 15.25.) Materials Unit costs Conversion costs Cost Reconciliation Schedule Costs accounted for Transferred out Work in process, July 31 Materials Conversion costs Total costs