Wildhorse Company has gathered the following information. All materials are added at the beginning of the process, and conversion costs are incurred uniformly throughout the process. Units in beginning work in process 24,400 Units started into production 200,080 Units in ending work in process 29,280 Percent complete in ending work in process: Conversion costs 60 % Materials 100 % Costs incurred: Direct materials $112,240 Direct labor $201,056 Overhead $224,480 (b) Determine the unit costs of production. (Round unit costs to 2 decimal places, e.g. 2.25.) Materials Unit costs $ eTextbook and Media Save for Later A Conversion Costs Attempts: 0 of 3 used Submit Answer (a) Your Answer Correct Answer (Used) Compute equivalent units of production for materials and for conversion costs. The equivalent units of production Materials 224,480 Conversion Costs 212,768