Required information [The following information applies to the questions displayed below.] The following partially completed process cost summary describes the July production activities of Ashad Company. Its production output is sent to its warehouse for shipping. 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 Conversion 35,000 EUP 35,000 EUP 2,500 EUP 1,500 EUP 37,500 EUP 36,500 EUP Costs per EUP Costs of beginning work in process Costs incurred this period Total costs Direct Materials $ 18,450 394,050 $412,500 Conversion $ 2,280 205,770 $208,050 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 2,000 35,500 35,000 2,500 Prepare its process cost summary using the weighted-average method. (Round "Cost per EUP" to 2 decimal places.) Costs Charged to Production Costs incurred this period Costs of beginning work in process $ 35,500.00 2,000.00 Total costs to account for $ 37,500.00 Total costs accounted for 296,475.00 $ Difference due to rounding cost/unit (258,975.00) Equivalent Units of Production (EUP)-Weighted Average Method Units % Materials EUP- Materials EUP. Conversion Conversion Answer is not complete. Units completed and transferred out Units of ending work in process Equivalent units of production Cost per EUP Cost of beginning work in process Costs incurred this period Total costs + Equivalent units of production Materials Conversion Costs EUP Costs EUP 0 0 Unit Reconciliation Units to account for Cost per equivalent unit of production Cost Assignment and Reconciliation Beginning work in process Units started this period 20,730 25,000 Costs transferred out Direct materials Conversion Cost per EUP EUP Total cost 35,000 35,000 $ 2.65 $ 92,750.00 $ 5.40 189,000.00 Total units to account for 45,730 Total transferred out $281,750.00 Total units accounted for Costs of ending work in process Cost per EUP Total cost EUP Direct materials 2,500 $ 2.65 Conversion 1,500 $ 5.40 6,625.00 8,100.00 Total units accounted for Equivalent Units of Production (EUP)-Weighted Average Method Total ending work in process Total costs accounted for 14,725.00 $296,475.00