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 Units of ending work in process Equivalent units of production Direct Materials 33,000 EUP 3,500 EUP Conversion 33,000 EUP 2,100 EUP 36,500 EUP 35, 100 EUP Costs per EUP Costs of beginning work in process Costs incurred this period Total costs Direct Materials $ 28,450 358,450 $ 386,900 Conversion $ 3,180 182,850 $186,030 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 3,000 33,500 33,000 3,500 Prepare its process cost summary using the weighted average method. (Round "Cost per EUP" to 2 decimal places.) Prepare its process cost summary using the weighted average method. (Round "Cost per EUP" to 2 decimal places.) Costs Charged to Production Costs of beginning work in process Costs incurred this period Total costs to account for 0.00 Total costs accounted for * Difference due to rounding cost/unit 0.00 Unit Reconciliation Units to account for Beginning work in process Units started this period Total units to account for Total units accounted for Completed and transferred out Ending work in process Total units accounted for Equivalent Units of Production (EUP)-Weighted Average Method Units Units completed and transferred out 33,000 Units of ending work in process 3,500 Equivalent units of production 36,500 Cost per EUP Cost of beginning work in process Costs incurred this period Total costs - Equivalent units of production Cost per equivalent unit of production % Materials 100% 100% % Conversion 100% EUP-Materials 33,000 3,500 36,500 Materials 60% EUP-Conversion 33,000 2,100 35.100 Conversion Costs EUP Costs EUP Cost Assignment and Reconciliation Costs transferred out EUP Cost per EUP Total cost EUP Total cost Direct materials Conversion Total transferred out Costs of ending work in process Direct materials Conversion Total ending work in process Total costs accounted for Cost per EUP $ 0.00 $ 0.00