Required information

[The following information applies to the questions displayed below.] The following partially completed process cost summary describes the July production activities of Ashad Company. Its production output is sent to its warehouse for shipping. 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	Direct Materials			Conversion
Units transferred out		32,500	EUP		32,500	EUP
Units of ending work in process		3,000	EUP		1,800	EUP
Equivalent units of production		35,500	EUP		34,300	EUP

Costs per EUP	Direct Materials				Conversion
Costs of beginning work in process		$	22,950			$	2,600
Costs incurred this period			349,800				175,760
Total costs		$	372,750			$	178,360

Units in beginning work in process (all completed during July)	2,500
Units started this period	33,000
Units completed and transferred out	32,500
Units in ending work in process	3,000

Prepare its process cost summary using the weighted-average method. (Round "Cost per EUP" to 2 decimal places.)

Costs Charged to Production
Costs of beginning work in process	$25,550.00
Costs incurred this period	525,560.00
Total costs to account for	$551,110.00
Total costs accounted for
*Difference due to rounding cost/unit	$0.00
Unit Reconciliation
Units to account for
Beginning work in process	2,500
Units started this period	33,000
Total units to account for	35,500
Total units accounted for
Completed and transferred out	32,500
Ending work in process	3,000
Total units accounted for	35,500
Equivalent Units of Production (EUP)- Weighted Average Method
	Units	% Materials	EUP- Materials	% Conversion	EUP- Conversion
Units started and completed	32,500	100%	32,500
Units of ending work in process	3,000	100%
Equivalent units of production	35,500
Cost per EUP			Materials		Conversion
Total costs		Costs		Costs
Equivalent units of production		EUP		EUP
Cost per equivalent unit of production			0		0
Cost Assignment and Reconciliation
Costs transferred out	EUP	Cost per EUP	Total cost
Direct materials
Conversion
Total transferred out
Costs of ending work in process	EUP	Cost per EUP	Total cost
Direct materials		$0.00
Conversion		$0.00
Total ending work in process
Total costs accounted for