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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 2020 are as follows. 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 2 decimal places, e.g. 2.25.) eTextbook and Media Calculate the assignment of costs to units transferred out and in process at the end of the accounting period. POLK COMPANY Basketball Department Production Cost Report For the Month Ended July 31, 2020 \begin{tabular}{|c|c|c|c|} \hline \multirow[b]{2}{*}{ Quantities } & \multirow[b]{2}{*}{PhysicalUnits} & \multicolumn{2}{|c|}{ Equivalent Units } \\ \hline & & Materials & ConversionCosts \\ \hline \end{tabular} Units to be accounted for Work in process, July 1 Started into production Total units Units accounted for Transferred out Work in process, July 31 Total units Josts Jnit costs Total costs Equivalent Jnits Unit costs Josts to be accounted for Work in Jrocess, July 1 Started into Jroduction Total costs \begin{tabular}{l} Zost \\ Reconciliation \\ jchedule \\ \hline Zosts \\ accounted for \\ Transferred \\ ut \\ Work in \\ jrocess, July \\ 31 \end{tabular} Zost Reconciliation ichedule Zosts accounted for Transferred sut Work in Jrocess, July 31 Materials Conversion zosts Total costs $ $ eTextbook and Media

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