Required information [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. pare the Molding department's production cost report using the weighted average method. (Round "Cost per EUP" to 2 decimal ces.) 2. Compute cost per equivalent unit of production for both direct materials and conversion. \begin{tabular}{|l|l|l|l|l|} \hline Cost per equivalent unit of production & & Materials & & \\ \hline & & & & \\ \hline Total costs & & & & \\ \hline Equivalent units of production (from part 1) & Costs & & Costs & \\ \hline Cost per equivalent unit of production & EUP & & EUP & \\ \hline \end{tabular} 3. Assign costs to the department's output-specifically, to the units transferred out and to the units in ending work in process inventory. (Round "Cost per EUP" to 2 decimal places.)