Waterway Company has gathered the following information Units in beginning work in process 21,000 Units started into production 254,000 Units in ending work in process 25,400 Percent complete in ending work in process: Conversion costs 60% Materials 100% Costs incurred: $110,000 Direct materials $501,484 Direct labor $187,100 Overhead Compute equivalent units of production for materials and for conversion costs. Materials Conversion Costs The equivalent units of production eTextbook and Media Determine the unit costs of production. (Round unit costs to 2 decimal places, e.g. 2.25.) Materials Conversion Costs Unit costs $ $ eTextbook and Media Show the assignment of costs to units transferred out and in process. Transferred out Ending work in process $