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Required information Use the following information for the Exercises below. (Algo) [The following information applies to the questions displayed below.] The following data reports on
Required information Use the following information for the Exercises below. (Algo) [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 $ 40,350 5,250 Conversion $ 45,600 Costs added this period Direct materials 574,050 Conversion 342,750 916,800 Total costs to account for $ 962,400 Direct Materials Percent Complete 100% Conversion Percent Complete 20% Beginning work in process inventory Units started this period 3,500 44,500 Completed and transferred out 44,000 Ending work in process inventory 4,000 100% 60% Exercise 20-14 (Algo) Weighted average: Production cost report LO P2 Prepare the Molding department's production cost report using the weighted average method. (Round "Cost per EUP" to 2 decimal places) Units ces Unit Reconciliation. Units to account for Total units to account for Units accounted for Total units accounted for Equivalent Units of Production (EUP) Equivalent units of production Cost per EUP Tots costs -Equivalent units of production Cost per equivalent unit of production Units: Direct Materials % Complete. Costs EUP EUP Direct Materials 0 Conversion % Complete Costs EUP EUP Conversion Required information Equivalent units of production. Cost per EUP Total costs -Equivalent units of production. Cost per equivalent unit of production Cost Assignment Completed and transferred out Direct materials Conversion Total completed and transferred out Ending work in process Drect materials Conversion Total ending work in process Total costs accounted for EUP EUP Costs EUP Cost per EUP Cost per EUP $ $ 0,00 0.00 Direct Materials Total cost Total cost 0 Costs EUP Conversion 0
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