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0 Required information The following information applies to the questions displayed below The following partially completed process cost summary describes the July production activities of

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0 Required information The following information applies to the questions displayed below The following partially completed process cost summary describes the July production activities of Ashad Company. Its production output is sent to Its warehouse for shipping. All direct materials are added to products when processing begins. Beginning work in process inventory is 20% complete with respect to conversion. Direct uivalent Units of Production Units transferred out Materials Conversion 32,000 EUP 32,000 EUP Units of ending work in process2,500 EUP1,500 EUP 34,500 EUP 33,500 EUP Equivalent units of production Direct Materials Conversion $ 18,550 2,280 Costs per EUP Costs of beginning work in process Costs incurred this period Total costs 357,500188,670 376, 050 $190,950 Units in beginning work in process (all completed during July) Units started this period Units completed and transferred out Units in ending work in process 2,000 32,500 32,000 2,500

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