Waterway Company manufactures basketballs. Materials are added at the beginning of the production process and conversion costs are incurred uniformly. Production and cost data for the month of July 2020 are as follows. Percent Complete 60 % Production Data-Basketballs Work in process units, July 1 Units started into production Work in process units, July 31 Cost Data-Basketballs Work in process, July 1 Materials Units 460 1,330 500 40% $750 650 Conversion costs Direct materials Direct labor Manufacturing overhead $1,400 2,114 454 1,280 Units accounted for Transferred out EX Work in process, July 31 Total units Conversion Costs Materials Total Costs Unit costs Total costs Equivalent units Unit costs Costs to be accounted for Work in process, July 1 Started into production 7$ Total costs Cost Reconciliation Schedule Costs accounted for Transferred out Work in process, July 31 Materials Conversion costs Total costs