The Cutting Department ofIvanhoeCompany has the following production and cost data for July.ProductionCosts1). Completed and transferred out12,960units .Beginning work in process$02) 3,240units in ending working in process are 60%.as to conversion costs and 100%. Direct materials 81,000 as to materials at July 31 direct labor 17,496 Manufacturing overhead 19,764materials are entered at the beginning of the process. Conversion costs are incurred uniformly throughout the process.Compute unit costs.(Round unit costs to 2 decimal places, e.g. 2.25.)Materials are entered at the beginning of the process. Conversion costs are incurred uniformly throughout the process.MaterialsConversion costs$ __________ $_____________AccountingBusinessFinancial Accounting ACCT 102
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