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 Equivalent Units of Production Units transferred out Units of ending work in process Equivalent units of production Direct Materials 32,000 EUP 2,500 EUP 34,500 EUP Conversion 32,000 EUP 1,500 EUP 33,500 EUP Conto per RUP Costs of beginning work in process costs incurred this period Total costs Direct Materiala $ 18,550 357,500 $ 376,050 Conversion $ 2,280 188,670 $ 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 Prepare its process cost summary using the FIFO method. (Round "Cost per EUP" to 2 decimal places.) Equivalent units of production (EUP) - FIFO method Units % Materials EUP. Materials % Conversion EUP-Conversion Cost of beginning work in process Materials Conversion 18,550 18.550 Costs $ Costs EUP EUP 0 0 EUP Cost per EUP Total cost Equivalent units of production Cost per EUP Cost of beginning work in process Total costs + Equivalent units of production Cost per EUP (rounded to 2 decimals) Cost assignment and reconciliation Costs transferred out Cost of beginning work in process Cost to complete beginning work in process Direct materials Conversion Total cost to completo beginning work in process Costs of units started and completed this period Direct materials Conversion Total costs started and completed this period Total cost of work finished this period EUP Cost per EUP Total cost $ $ 0.00 0.00 $ 0.00 Cost assignment and reconciliation Costs transferred out EUP Cost per EUP Total cost Cost of beginning work in process Cost to complete beginning work in process Direct materials Conversion Total cost to complete beginning work in process EUP Total cost Cost per EUP $ 0.00 $ 0.00 $ 0.00 Costs of units started and completed this period Direct materials Conversion Total costs started and completed this period Total cost of work finished this period Costs of ending work in process Direct materials Conversion Total cost of ending work in process Total costs accounted for Cost per EUP Total cost EUP $ 0.00 $ 0.00