education.wiley.com W NWP Assessment Builder UI Application W NWP Assessment Player UI Application Exam 1: Chapters 14, 15, 16 02: 10 Question 21 of 21 .. 19 E ... View Policies Current Attempt in Progress The Finishing Department of Flounder Company has the following production and cost data for July: 1. Completed and transferred out, 7,200 units. 2. Ending work in process inventory, 1,800 units that are 40% complete as to conversion costs. 3. Materials added, $27,900; conversion costs incurred, $15,840. Materials are entered at the beginning of the process. Conversion costs are incurred uniformly during the process. Flounder Company uses weighted-average process costing, and there were no units in beginning work in process. (a) Your answer has been saved. See score details after the due date. Compute the equivalent units of production for materials and conversion costs for the month of July. Equivalent units of production for material cost 9000 units Equivalent units of production for conversion cost 7920 unitseducation.wiley.com W NWP Assessment Builder UI Application W NWP Assessment Player UI Application Exam 1: Chapters 14, 15, 16 02 : 09 Question 21 of 21 ... /9 E : (b) Compute unit costs and prepare a cost reconciliation schedule. Materials cost $ 3.1 per unit (Round answer to 2 decimal places, e.g. 5.21.) Conversion cost $ 2 per unit (Round answer to 2 decimal places, e.g. 5.21.) Cost reconciliation schedule Costs accounted for Completed and transferred out to Work in process inventory, 7/31 Materials to Conversion costs Total costs accounted for $ eTextbook and Media Save for Later Last saved 23 minutes ago. Attempts: 0 of 1 used Submit Answer MacBooks Air