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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 materials $ 13,450 Conversion 1,860 $ 15,310 Costs added this period Direct materials 440,800 Conversion 238,080 678,880 Total costs to account for $ 694,190 Direct Materials Percent Complete 100% Conversion Percent Complete 20% Beginning work in process inventory Units started this period Completed and transferred out Ending work in process inventory Units 1,500 38,000 37,500 2,000 100% 608 Prepare a production cost report using the FIFO method. (Round "Cost per EUP" to 2 decimal places.) Unit reconciliation Units to account for + Total units to account for Units accounted for Total units accounted for Total units accounted for Equivalent units of production (EUP) - FIFO method Conversion Direct Materials % Added EUP Units % Added EUP Equivalent Units of Production Cost per EUP Direct Materials Conversion Costs Costs EUP EUP Total costs + Equivalent units of production Cost per EUP (rounded to 2 decimals) Cost assignment 0 0 EUP Cost per 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 EUP Cost per EUP Total cost Direct materials $ 0.00 Cummin e A 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 $ 0.00 $ 0.00 $ 0.00 EUP Total cost Cost per EUP $ 0.00 $ 0.00
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