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 Digect Materials Conversion 37,500 EUP 37,500 EUP 2,000 EUP 1,200 EUP 39,500 EUP 38,700 EUP Costs per EUP Costs of beginning work in process Costs incurred this period Total costs Direct Materials $ 13,450 440,800 $ 454,250 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 Conversion $ 1,860 238,080 $ 239,940 1,500 38,000 37,500 2,000 Prepare its process cost summary using the FIFO method. (Round "Cost per EUP" to 2 decimal places.) Costs Charged to Production Total costs to account for Total costs accounted for Difference due to rounding cost/unit Unit reconciliation Units to account for Total units to account for Total units accounted for