ICACH 38 https://www.mylo... Saved Required information Use the following information for the Exercises below. [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 Equivalent Units of Production Units transferred out Units of ding work in process Equivalent its of production 35,500 EUP 3.000 EUP 38.500 EUP Conversion 35.500 EUP 1.800 EUR 37.900 EUP Corte per EUP Corts of beginning work in process Coats incurred that period Total cos Direct Materials $24.150 403.200 $427,350 Conversion $ 2.900 213.440 $ 216.340 Units in beginning work in process all cospleted during July that started this period Units completed and traterred out 2.500 26.000 35.500 3.000 Exercise 03-12 Weighted average: Completing a process cost summary LO C3 Prepare its process cost summary using the weighted average method. (Round "Cost per EUP" to 2 decimal places.) Costs Charged to Production 5 27 650.00 sha N acer xercise 03-12 Weighted average: Completing a process cost summary LO C3 repare its process cost summary using the weighted average method. (Round "Cost per EUP" to 2 decimal place Costs Charged to Production Costs of beginning work in process $ 27,050.00 Costs incurred this period 616 640.00 Total costs to account for $ 643,690.00 Total costs accounted for "Difference due to rounding costunit $ 0.00 Unit Reconciliation Units to account for (Beginning work in process 2,500 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 FUP. Conversion Equivalent units of production Cost per EUP Materials Conversion Costs EUP Total costs - Equivalent units of production Cost per equivalent unit of production Cost Assignment and Reconciliation Costs transferred out Costs EUP 0 EUP Cost per EUP Total cost 1 of Next Share E acer meducation.com/ext/map/index.html?con=con&external browser=08daunchUrl=https%253A%252F%252Fnewconnect.mheduca xoom 3 *** https://www.mylo... Saved Required information 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 Costs EUP Costs EUP 0 EUP Cost per EUP Totalco Total -Equivalent units of production Cost per equivalent unit of production Cost Assignment and Reconciliation Cost transformed out Direct materials Conversion Total transferred Costs of ending work in process Direct matelas Conversion Totalning + EUP Cost per Total cost $ EUP 0.00 0.00 $ Nox
