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 $ 26,350 Conversion 3,450 $ 29,800 Costs added this period Direct materials 510,450 Conversion 291,870 802,320 Total costs to account for $ 832,120 Units Direct Materials Conversion Percent Complete Percent Complete Beginning work in process inventory 2,500 100% 20% Units started this period 41,500 Completed and transferred out 41,000 Ending work in process inventory 3,000 100% 60% Prepare a production cost report using the FIFO method