Waterway Mortzace Company ises a process cost mstem to sccumdate couts in its Appleation Departinent. When an application is compieted. it is forwarded to the Loan Degartinens for final procesving The followint procesuing and coit data pertain fo September. 1. Applications in process en Sestember 1,100 2. Applications started in September, 1000 3 Completed apslcation during Septenber, 000 costs. Materials are the forms used in the apolication proces and these couts are incurred at the begining of the procens. Comporion costs are incurred unformly dur ine the procese (a) Deterinine the equivalent units of servece toroductions) for materials and convenion cests. Prepare a cost reconciliation schedule. (Round unit costs to 2 decimal places, eg. 2.25 and final answers to 0 decimal places es 1.2