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Problem 21-5 Polk 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 2017 are as follows. process units, July 1 Units started into production process units, uly 3 S720 Calculate the equivalent units of production for materials and conversion costs. Calculate the unit costs of production for materials and conversion costs. (Round unit costs to 3 decimal places, e.g. 2.257.) Cost per unit Calculate the assignment of costs to units transferred out and in process at the end of the accounting period. (Round answers to o decimal places, e.g. 2,250.) Prepare a production cost report for the month of July for the basketballs. (Round unit costs to 3 decimal places, e.g. 2.257 and all other answers to o decimal places, e.g. 2,250.) POLK COMPANY Basketball Department Production Cost Report For the Month Ended July 31.2017 Units to be accounted for Work in process, July Started into production Total units