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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
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 esteriols $ 13,50 Conversion 2,280 $ 20,850 Casts added this period Direct materials 357,500 Conversion 100.670 546,170 Total costs to account for 5 567,000 Direct materials Percent Complete 100 Conversion Perce Conlete Beginning work in process inventory Units started this period Completed and transferred out Ending work in process inventory Units 2,000 32,500 32.000 2,500 100% GO ences Prepare a production cost report using the FIFO method (Round "Cost per EUP 10 2 decimal places) Un reconciliation Units to account for Total units to account for Units accounted for Total units accounted for Equivalent units of production (EUP) - FIFO method Direct Materials Added EUP Conversion 5 Added EUP Units Equivalent Units of Production Cost per EUP Direct Materials Conversion Costs Costs EUP Total costs - Equivalent units of production Cost per EUP (rounded to 2 decimals) Cool Assignment EUP FID Cost per EUP (rounded to 2 decimals) Cost Assignment EUP Cost per EUP Total cost EUP Total cost Beginning work in process To complete beginning work in process Direct materials Conversion Total cost to complete beginning work in process Started and completed Direct materials Conversion Total costs started and completed this period Completed and transferred out Ending work in process Direct materials Conversion Total cost of ending work in process Total costs accounted for Cost per EUP 5 0:00 5 000 $ 0.00 EUP Total cost Cost per EUP 5 0.00 $ 000
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