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. Conversion Equivalent Units of Production Units transferred out Units of ending work in process Equivalent units of production Direct Materials 34,000 EUP 4,500 EUP 38,500 EUP 34,000 EUP 2,700 EUP 36, 700 EUP Costs per EUP Costs of beginning work in process Costs incurred this period Total costs Direct Materials $ 39,750 376,050 $ 415,800 Conversion $ 4,400 197, 450 $ 201,850 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 4,000 34,500 34,000 4,500 Prepare its process cost summary using the weighted-average method. (Round "Cost per EUP" to 2 decimal places.) $ 4,000.00 34,500.00 38,500.00 $ Costs Charged to Production Costs of beginning work in process Costs incurred this period Total costs to account for Total costs accounted for * Difference due to rounding cost/unit Unit Reconciliation Units to account for Units started this period Units started this period Total units to account for $ 0.00 2,000 32,500 34,500 Total units accounted for Total units accounted for Equivalent Units of Production (EUP)- Weighted Average Method Units % Materials EUP-Materials % Conversion EUP-Conversion Equivalent units of production Cost per EUP Materials Conversion Total costs Equivalent units of production Cost per equivalent unit of production Costs EUP Costs EUP 0 0 Cost Assignment and Reconciliation Cost per Costs transferred out EUP Total cost EUP Direct materials Conversion Total transferred out Cost per Costs of ending work in process EUP Total cost EUP Direct materials $ 0.00 Conversion $ 0.00 Total ending work in process Total costs accounted for