The Cutting Department of Sheridan Company has the following production and cost data for July. Production Costs 1. Completed and transferred out 13.680 units. Beginning work in process $0 2. 3,420 units in ending working in process are 60% Direct materials 85,500 complete as to conversion costs and 100% complete as to materials at July 31. Direct labor 18,468 Manufacturing overhead 20,862 Materials are entered at the beginning of the process. Conversion costs are incurred uniformly throughout the process. Determine the equivalent units of production for materials and conversion costs. Materials Conversion cost Compute unit costs. (Round answer to 2 decimal places, e.g. 52.75.) Material cost Conversion cost per unit per unit Prepare a cost reconciliation schedule. Costs accounted for Completed and transferred out Work in process, July 31 Materials Conversion costs Total costs accounted for Cost reconciliation schedule