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Required information [The following information applies to the questions displayed below.] The following partially 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. Direct Conversion Materials Equivalent Units of Production Units transferred out 42,500 EUP 2,500 EUP 42,500 EUP 1,500 EUP Units of ending work in process Equivalent units of production 45,000 EUP 44,000 EUP Direct Materials Costs per EUP Costs of beginning work in process Costs incurred this period $ 20,700 541,800 Conversion $ 2,880 313,920 Total costs $ 562,500 $ 316,800 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 43,000 42,500 2,500 Prepare its process cost summary using the weighted-average method. (Round "Cost per EUP" to 2 decimal places.) Costs Charged to Production Costs of beginning work in process Costs incurred this period Total costs to account for $ 0.00 Total costs accounted for $ 0.00 *Difference due to rounding cost/unit Unit Reconciliation Units to account for Beginning work in process Units started this period Total units to account for Total units accounted for Completed and transferred out Ending work in process 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 Total costs Costs Costs EUP EUP - Equivalent units of production Cost per equivalent unit of production 0 0 Cost Assignment and Reconciliation Costs transferred out EUP Cost per Total cost EUP Direct materials Conversion Total transferred out Costs of ending work in process EUP Cost per EUP Total cost Direct materials $ 0.00 Conversion $ 0.00 Total ending work in process Total costs accounted for