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The following parually completed process cost summary describes the July production activities of the Molding department at Ashad Company. Its production output is sent to the next department. 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 39,500 EUP 4,00 EUP 43,5e0 EUP Conversion 39,500 EUP 2,400 EUP 41,900 EUP Costs per EUP Costs of beginning work in process Costs incurred this period Total costs Direct Materials $ 37,650 480.000 517,650 Conversion $ 4,620 271,920 $ 276,540 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 3,500 40,00 39,500 4.000 Costs Charged to Production Total costs to account for Total costs accounted for "Difference due to rounding cost/unit Unit Reconciliation Units to account for Total units to account for Total units accounted for Total units accounted for Equivalent Units of Production (EUP-Weighted Average Method Units 36 Materials EUP. Materials Conversion EUP- Conversion Equivalent units of production Cost per EUP Materials Conversion Total costs - Equivalent units of production dosts EUP Costs EUR Total units accounted for Equivalent Units of Production (EUP) Weighted Average Method Units % Materials EUP Materials Conversion EUP. Conversion Equivalent units of production Cost per EUP Materials Conversion Costs Costs EUP EUP EUP Cost per EUP Total cost Total costs - Equivalent units of production Cost per equivalent unit of production Cost Assignment and Reconciliation Costs transferred out Direct materials Conversion Total transferred out Costs of ending work in process Direct materials Conversion Total ending work in process Total costs accounted for Cost per EUP Total cost EUP