Part 1:

Required information Skip to question [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. Beginning work in process Direct materials $ 19,350 Conversion 2,520 $ 21,870 Costs added this period Direct materials 450,450 Conversion 246,330 696,780 Total costs to account for $ 718,650 Units Direct Materials Conversion Percent Complete Percent Complete Beginning work in process inventory 2,000 100% 20% Units started this period 38,500 Completed and transferred out 38,000 Ending work in process inventory 2,500 100% 60% Prepare the Molding departments production cost report using the weighted average method. (Round "Cost per EUP" to 2 decimal places.)

Prepare the Molding departments production cost report using the weighted average method. (Round "Cost per EUP" to 2 decimal places.)

Part 2:

Required information

Skip to question

[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.

Beginning work in process
Direct materials	$ 19,350
Conversion	2,520	$ 21,870
Costs added this period
Direct materials	450,450
Conversion	246,330	696,780
Total costs to account for		$ 718,650

	Units	Direct Materials	Conversion
		Percent Complete	Percent Complete
Beginning work in process inventory	2,000	100%	20%
Units started this period	38,500
Completed and transferred out	38,000
Ending work in process inventory	2,500	100%	60%

Prepare a production cost report using the FIFO method. (Round "Cost per EUP" to 2 decimal places.)