ULULU FULL SCREEN PRINTER VERSION BACK Exercise 16-06 The Cutting Department of Cassel Company has the following production and cost data for July Production Costs Transferred out 12,400 units. Beginning work in process Started 3,400 units that are 60% Materials 56,090 complete as to conversion Labor 8,846 costs and 100% complete as Manufacturing overhead 22,200 to materials at July 31. $0 Materials are entered at the beginning of the process. Conversion costs are incurred uniformly during the process. Determine the equivalent units of production for (1) materials and (2) conversion costs. Materials Conversion Costs Total equivalent units of production LK TO TEXT Compute unit costs. (Round unit costs to 2 decimal places, e.g. 2.25.) Materials Conversion costs Conversion costs LINK TO TEXT LINK TO VIDEO Prepare a cost reconciliation schedule. (Round unit costs to 2 decimal places, e.g. 2.25 and final answers to o decimal places, e.g. 1,225.) Cost Reconciliation Costs accounted for Transferred out Work in process, July 31 Materials Conversion costs Total costs Click if you would like to Show Work for this question: Open Show Work LINK TO VIDEO