Required Information Use the following Information for the Exercises below. The following information applies to the questions elsplayed below. The following partly completed process cost summary describes the July production acties of the Malang deatment at Ashes Company. Its production output is sent to the next department All direct msteries are added to products when processing begins. Beginning work in process inventory s 20% complete with respect to conversion Druct Equivalent units of production Materials Conversion Units transferred out 32,800 EUP 32.00 EUP units of ending work in process 2,50 UP 1.500 EUP Equivalent units of production 34.58 EUP 33,5 EUP Costs por Bup Costs of beginning work in proces Costs incurred this period Total costs Direct Materials $ 18,552 357, se $ 376, Conversion $ 2.23 188,620 $ 190,95 units in beginning war in process (all completed during 2ly) Units started this period units completed and transferred out units in and work process 32. so 32, 2,500 Exercise 03-12 Weighted average: Completing a process cost summary LO C3 Prepare its process cost summary using the weighted-sverage method (Round "Cost per EUP" to 2 decimal places.) Cocte Charged to Production Costs of beginning work in pro Costs incurred this period Total costs to account for $ 0.00 Total cost accounted for Difference due to founding count $ 0.00 Unit Raoonallation 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)-Wilghted Average Method Units Units completed and transtored out Units of ording work in process Equivalent units of production Coct per EUP Cost of beginning work in process Costs incurred his period Total costs + Equivalent units of production Cost per equivalent unit of production Coct Acsignment and Reconciliation Cost transformed out 46 Material EUP-Materiais * Conversion EUP. Conversion Materials Conversion Costs EUP EUP EUP ELS Coct par EUP Total coct Bloc materials Conversion Total transferred out Costs of and work in process EUP Total coct Coct par EUP $ 0.001 $ 0.00 Doc material Conversion Total ending work in proon Total costs accounted for