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 Equivalent units of production Direct Conversion Materials 43,000 EUP 43,000 EUP 3,000 EUP 1,800 EUP 46,000 EUP 44,800 EUP Direct Costs per EUP Costs of beginning work in process Costs incurred this period Total costs $ 27,150 552,450 $ 579,600 Conversion $ 3,650 323, 390 $ 327,040 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 during July 2,500 43,500 43,000 3,000 23,50 Prepare its process cost summary using the weighted-average method. (Round "Cost per EUP" to 2 decimal places.) 0.00 0.00 Costs Charged to Production Costs of beginning work in process Costs incurred this period Total costs to account for Total costs accounted for 1 *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 Total units accounted for Completed and transferred out Ending work in process Total units accounted for Equivalent Units of Production (EUP)-Weighted Average Method Units % Materials EUP- Materials % Conversion EUP- Conversion a Units completed and transferred out Units of ending work in process Equivalent units of production Cost per EUP Cost of beginning work in process Costs incurred this period Materials Conversion Total costs Costs Costs EUP EUP + Equivalent units of production Cost per equivalent unit of production Cost Assignment and Reconciliation 0 Costs transferred out EUP Cost per EUP Total cost Direct materials Conversion Total transferred out Costs of ending work in process EUP Total cost Direct materials Cost per EUP $ 0.00 $ 0.00 Conversion Total ending work in process : Total costs accounted for