Wildhorse Industries Inc. manufactures dorm furniture in separate processes. In each process, materials are added at the beginning, and conversion costs are incurred uniformly. Production and cost data for the first process in making a product are as follows. Cutting Department Production Data-July T12-Tables Work in process units, July 1 0 Units started into production 24,400 Work in process units, July 31 3,660 Work in process percent complete as to conversion, July 31 60% Cost Data-July Work in process, July 1 $0 Direct materials used in July 463,600 Direct labor incurred in July 285,968 Manufacturing overhead assigned in July 126,880 Total $876,448 (a2) Compute equivalent units of production for materials and for conversion costs. Materials Conversion Costs Total equivalent units e Textbook and Media Save for Later Attempts: 0 of 3 used Submit Answer Using multiple attempts will impact your score. 10% score reduction after attempt 2 (a3) Determine the unit costs of production for July. Materials Conversion Costs Total Costs Unit costs-T12 Tables $ $ $ Show the assignment of costs to units completed and transferred out and to work in process for July. T12 Tables Costs accounted for: Completed and transferred out $ Work in process Materials $ Conversion costs Total costs $ Prepare the production cost report for July 2022. WILDHORSE INDUSTRIES INC. Cutting Department Production Cost Report Equivalent Units Physical Units Conversion Costs Quantities Materials Units to be accounted for Work in process, July 1 Started into production Total units Units accounted for Completed and transferred out Work in process, July 31 Total units Cost Reconciliation Schedule Costs to be accounted for Work in process, July 1 $ Started into production Total costs $ Costs accounted for Completed and transferred out $ Work in process, July production Total costs $ Costs accounted for Completed and transferred out $ Work in process, July 31 Materials $ Conversion costs Total costs $