The Finishing Department of Ayayal Company has the following production and cost data for July 1 Completed and transferred out 6,400 units 2. Ending work in process inventory, 1.600 units that are 40% complete as to conversion costs 3. Materials added. $24.800: conversion costs incurred, $14,080. Materials are entered at the beginning of the process. Conversion costs are incurred uniformly during the process. Ayayal Company uses weighted average process costing, and there were no units in beginning work in process Compute the equivalent units of production for materials and conversion costs for the month of July Equivalent units of production for material cost B000 units: Equivalent units of production for conversion cost 7040 units Compute unit costs and prepare a cost reconciliation schedule Materials cost $ Conversion cost $ per unit (Round answer to 2 decimal places, eg. 5.21) per unit (Round answer to 2 decimal places, eg. 5.21) Cost reconciliation schedule Costs accounted for Equivalent units of production for conversion cost 7040 units Compute unit costs and prepare a cost reconciliation schedule. Materials cost Conversion cost per unit (Round answer to 2 decimal places, eg. 5.21.) per unit (Round answer to 2 decimal places, eg. 5.21.) Costs accounted for Completed and transferred out Work in process inventory, 7/31 Materials Conversion costs Total costs accounted for Cost reconciliation schedule