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 32,000 EUP 1,500 EUP 33,500 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 $ 199,950 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 actice Work (Extra Credit) A Saved Required information Costs Charged to Production Costs of beginning work in process Costs incurred this period Total costs to account for $ 0.00 Total costs accounted for "Difference due to rounding cost/unit $ 0.00 Unit Reconciliation Units to account for Beginning work in process Units started this period Total units to account for Total units accounted for Ending work in process Completed and transferred out Total units accounted for Equivalent Units of Production (EUP)-Weighted Average Method Units Units completed and transferred out Units of ending work in process Equivalent units of production % Materials EUP-Materials % Conversion EUP. Conversion Etice Work (Extra Credit) i Saved not mentre Required information Materials Conversion Costs Costs Cost per EUP Cost of beginning work in process Costs incurred this period Total costs + Equivalent units of production Cost per equivalent unit of production Cost Assignment and Reconciliation Costs transferred out EUP EUP 0 EUP Cost per EUP Total cost Direct materials EUP Total cost Conversion Total transferred out Costs of ending work in process Direct materials Conversion Total ending work in process Total costs accounted for Cost per EUP $ 0.00 $ 0.00 Next