The Cutting Department of Sanderson Manufacturing has the following production and cost data for July. 
Materials are entered at the beginning of the process. Conversion costs are incurred uniformly during the process.
Instructions
(a) Determine the equivalent units of production for (1) materials and (2) conversion costs.
(b) Compute unit costs and prepare a cost reconciliation schedule.
Definitions:
Define Poverty
Entails a condition where an individual or community lacks the financial resources and essentials for a minimum standard of living.
Poverty Line
A threshold used to determine the minimum level of income required to secure the necessities of life.
Basic Subsistence
The minimum resources necessary for maintaining the basic levels of living including food, shelter, and clothing.
Federal Government
The national government of a federal country, which holds the ultimate authority over matters that affect the country as a whole.
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