$4$

$15$

points

Required information

$[$The following information applies to the questions displayed below.$]$

The following data reports on the July production activities of the Molding department at Ash Company.

$\backslash$table$[[$Beginning work in process$],[$Direct materials,$$33,700,],[$Conversion$,4,440,,],[-$osts added this period$],[$Direct materials,$563,200,896,200],[$Conversion$,333,000],[$Total costs to account for,$$934,340],[\backslash$table$[[$Direct$],[$Materials$]],$Conversion$],[$Percent$,$Percent$],[$Units$,\{$

$\backslash$table$[[$Complete$],[109\%]]\},$Complete$],[$Beginning work in process inventory,$3,000,20\%],[$Units started this period,$44,000,,,],[$Completed and transferred out,$43,500,100\%,],[$Ending work in process inventory,$3,500,60\%]]$

Prepare the Molding department's production cost report using the weighted average method.

Note: Round "Cost per EUP" to $2$ decimal places.

$\backslash$table$[[$Unit Reconciliation$],[$Units to account for$],[$Beginning work in process,$3,000,,,,],[$Units started this period,$44,000,,,,],[$Total units to account for,$47,000,,,,],[$Units accounted for$],[$Completed and transferred out,$43,500,,,,],[$Ending work in process,$3,500,,,,],[$Total units accounted for,$47,000,,,,],[$Equivalent Units of Production $($EUP$)],[,,$Direct Materials,Conversion$],[,$Units,$\%$ Complete,EUP,$\%$ Complete,EUP$],[$Completed and transferred out,$43,500,100\%,43,500,100\%,43,500],[$Ending work in process,$3,500,100\%,3,500,,],[$Equivalent units of production,$47,000,,47,000,,],[$Cost per EUP,,,Direct Materials,,Conversion$],[$Cost of beginning work in process,,,$33,700,,4,440],[$Costs added this period,,,,,$333,000],[$Total costs,,Costs,,Costs,$337,440],[-$: Equivalent units of production,,EUP,$47,000,$EUP,$],[$Cost per equivalent unit of producti,,,$0\mathrm{.}00,,0],[$Cost Assignment,,,,,$],[$Completed and transferred out,EUP,Cost per EUP,Total cost,,$],[$Direct materials,,,,,$],[$Conversion$,,,,,],[$Total completed and transferred,,,,,$],[$Ending work in process,EUP,Cost per EUP,Total cost,,$],[$Direct materials,,$0\mathrm{.}00,,,],[$Conversion$,,0\mathrm{.}00,,,],[$Total ending work in process,,,,,$],[$Total costs accounted for,,,,,$]]$

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