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 Conversion Materials 33,000 EUP 33,000 EUP 3,500 EUP 2,100 EUP 36,500 EUP 35,100 EUP Costs per EUP Costs of beginning work in process Costs incurred this period Total costs Direct Materials $ 28,450 358,450 $386,900 Conversion $ 3,180 182,850 $ 186,030 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 3,000 33,500 33,000 3,500 Prepare its process cost summary using the FIFO method. (Round "Cost per EUP" to 2 decimal places.) $ 31,630.00 541,300.00 $ 572,930.00 Costs Charged to Production Cost 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 Beginning work in process Units started this period Total units to account for $ 0.00 3,000 33,500 36,500 Total units accounted for Completed and transferred out Ending work in process Total units accounted for 33,000 3,500 36,500 Equivalent units of production (EUP) - FIFO method Units % Materials EUP-Materials % Conversion EUP- Conversion 100% 100% 100% 100% 3,000 33,000 3,500 39,500 100% 100% 3,500 3,500 Units of beginning work process Units started and completed Units of ending work in process Total Cost per EUP Costs incurred this period Total costs + Equivalent units of production Cost per EUP (rounded to 2 decimals) Materials Conversion Costs Costs EUP EUP 0 0 EUP Cost per EUP Total cost Cost assignment and reconciliation Costs transferred out Cost of beginning work in process Cost to complete beginning work in process Direct materials EUP Cost per EUP Total cost 0.00 $ $ 0.00 Conversion Total cost to complete beginning work in process Costs of units started and completed this period Direct materials Conversion Total costs started and completed this period Total cost of work finished this period Costs of ending work in process Direct materials Conversion Total cost of ending work in process Total costs accounted for $ 0.00 EUP Cost per EUP Total cost | 0.00 $ $ 0.00