! 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 Equivalent units of Production Units transferred out Uits of ending work in process Equivalent units of production Direct Materiais 41,000 EUP 3.000 EUP 44.000 EUP Conversion 41.000 CUP 1.BDO CUP 42,00 CUP Direct Materiais $ 26.350 Costs per EUP Costs of beginning work in process Costs incurred this period Total cus Conversion $3,450 291,00 3 295.120 $ 516,500 in bring work in process culture Buy mit started this period is to and fried out work 2.500 41,500 41.000 3.000 entre Prepare its process cost summary using the AFO method. (Round "Cost per EUP" to 2 decimal places.) Costs Changed to Production $ 0.00 Total costs to account for Total costs accounted for - Difference due to rounding cost'unit Unit reconciliation Units to account for $ 0.00 Total units to account for Total units accounted for Total units accounted for Equivalent units of production (EUP) - FIFO method Units % Materials EUP-Materials % Conversion EUP. Conversion Total Conversion Materials Cost per EUP Costs EUP Costs EUP 0 Total cost EUP Total costs -Equivalent units of production Cost per EUP (rounded to 2 decimals) Cost assignment and reconciliation Costs transferred out Cost of beginning work in process Cost to complete beginning work in process Direct materials Cost per EUP 6 OF 6 !!!