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 32,000 EUP 2,500 EUP 34,500 EUP Conversion 32,800 EUP 1,500 EUP 33,580 EUP Costs per EUP Costs of beginning work in process Costs incurred this period Total costs Direct Materials $ 18,550 357, 500 $ 376,050 Conversion $ 2,280 188,670 $ 199,95 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 32,500 32,000 2,500 78F SU Required information Prepare its process cost summary using the weighted average 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 Total units accounted for Equivalent Units of Production (EUP)-Weighted Average Method Units % Materials EUP Materials % Conversion EUP-Conversion #P 78F Su narum Required information Total units accounted for Equivalent Units of Production (EUP) Weighted Average Method Units % Materials EUP: Materials P. Conversion EUP Conversion Equivalent units of production Cost per LUP Materials Conversion Costs Costs EUP EUP EUP Cost per EUP Total cost Total costs Equivalent units of production Cost per equivalent unit of production Cost Assignment and Reconciliation Costs transferred out Direct materials Conversion Total transferred out Costs of onding work in process Direct materials EUP Cost per EUP Total cost a 78'F Sunny