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 adde products when processing begins. Beginning work in process inventory is 20% complete with respect to conversi Equivalent Units of Production Units transferred out Units of ending work in process Equivalent units of production Direct Materials Conversion 34,500 EUP 34,500 EUP 2,000 EUP 1,200 EUP 36,500 EUP 35,700 EUP Costs per EUP Costs of beginning work in process Costs incurred this period Total costs Direct Materials $ 12,850 385,000 Conversion $ 1,680 198,240 $ 397,850 $ 199,920 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 1,500 35,000 34,500 2,000 Prepare its process cost summary using the FIFO method. (Round "Cost per EUP" to 2 decimal places.) Costs Charged to Production Cost of beginning work in process Costs incurred this period $ 14,530.00 583,240.00 Total costs to account for $ 597,770.00 Total costs accounted for Difference due to rounding cost/unit $ 0.00 Unit reconciliation Units to account for Beginning work in process 1,500 Units started this period Total units to account for 35,000 36,500 Total units accounted for Completed and transferred out 21 500 Completed and transferred out Ending work in process Total units accounted for Equivalent units of production (EUP) - FIFO method Units of beginning work in process Units started and completed Units of ending work in process Total Cost per EUP Costs incurred this period Total costs Equivalent units of production Cost per EUP (rounded to 2 decimals) Cost assignment and reconciliation Costs transferred out 34,500 2,000 36,500 Units % Materials EUP- Materials % Conversion EUP- Conversion Costs EUP Materials EUP Cost per EUP Total cost Cost of beginning work in process Cost to complete beginning work in process Direct materials Conversion Total cost to complete beginning work in process Costs of units started and completed this period EUP Cost per EUP Total cost Direct materials $ 0.00 $ 0.00 Conversion Total costs started and completed this period Total cost of work finished this period Costs of ending work in process Direct materials Conversion Total cost of ending work in process Total costs accounted for Costs EUP 0 $ 0.00 EUP Cost per EUP $ 0.00 Total cost 0.00 Conversion