The Cutting Department of Hong Manufacturing has the following production and cost data for July. 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. Equivalent units of materials Equivalent units of conversion costs Compute unit costs and prepare a cost reconciliation schedule. (Round unit costs to 2 decimal places, e.g. $2.57.) Unit materials cost $ Unit conversion cost $ Costs accounted for