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Required information [The following information applies to the questions displayed below.] The following data reports on the July production activities of the Molding department

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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. Beginning work in process Direct materials Conversion Costs added this period Direct materials $ 18,550 2,280 $ 20,830 357,500 188,670 546,170 Total costs to account for $ 567,000 Direct Conversion Materials Conversion Percent Percent Units Complete Complete Beginning work in process inventory 2,000 100% 20% Units tarted this period 32,500 Completed and transferred out 32,000 Ending work in process inventory 2,500 100% 60%

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