Required information Use the following information for the Exercises below. [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 Units transferred out Units of ending work in process Direct Materials 35,500 EUP 3,000 EUP Conversion Equivalent units of production 38,500 EUP 35,500 EUP 1,800 EUP 37,300 EUP Costs per EUP Costs of beginning work in process Costs incurred this period Total costs Direct Materials $ 24,150 403,200 Conversion $ 2,900 213,440 $ 427,350 $ 216,340 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 2,500 36,000 35,500 3,000