The Finishing Department of the Maherajah Competition Water Ski Company has the following production and cost data for May 2021: 1. Transferred out: 3,200 water skis. 2. Ending work in process: 950 units that are 60% completed at May 31st. 3. Materials added: $73,600; conversion costs incurred: $31,820. Materials are entered at the beginning of the process. Conversion costs are incurred uniformly during the process. Instructions (a) Compute the equivalent units of production for materials and conversion costs for the month of May, 2021 (b) Compute unit costs and prepare a cost reconciliation schedule