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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 Ashad Company. Its production output is sent to its warehouse for shipping. All direct materials are added to products when processing begins. Beginning work in process inventory is 20% complete with respect to conversion Direct Materials Conversion 43,000 EUP 43,000 EUP 3,000 EUP 1,800 EUP 46,000 EUP 44,800 EUP Equivalent Units of Production Units transferred out Units of ending work in process Equivalent units of production Direct Materials Conversion Costs per EUP Costs of beginning work in process Costs incurred this period Total costs $ 27,150 552,450 $579,600 3,650 323,390 327,040 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 2,500 43,500 43,000 3,000 Prepare its process cost summary using the weighted-average method. (Round "Cost per EUP" to 2 decimal places.) 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 0.00 0.00 Total units to account for Total units accounted for Total units accounted for Equivalent Units of Production (EUP)- Weighted Average Method EUP %Conversion Conversion Units % Materials EUP-Materials Equivalent units of production Cost per EUP Materials Conversion Total costs Costs Costs Equivalent units of production Cost per equivalent unit of production Cost Assignment and Reconciliation EUP EUP 0 Cost Assignment and Reconciliation Cost perTotal cost Costs transferred out EUP EUP Direct materials Conversion Total transferred out Cost per Total cost Costs of ending work in process EUP EUP $0.00 $0.00 Direct materials Conversion Total ending work in process Total costs accounted for