V. Physical Units Data Beginning Work in Process Units Started to WIP 15,000 units 60,000 units 26,000 units Ending Work in Process (100% complete materials, 20% complete for conversion costs Manufacturing Cost Data Beginning work in Process Materials Conversion Costs $ $ 15,000 30,435 Costs added Materials Conversion Costs 180,000 99,645 Step 182. Account for the Physical units and Determine the equivalent units completed for the month Step 3 Determine the material and conversion costs per unit Step 4 Prepare a cost reconciliation