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Saved Required Information [The following information applies to the questions displayed below.] The following partially completed process cost summary describes the July production activities of
Saved Required Information [The following information applies to the questions displayed below.] The following partially completed process cost summary describes the July production activities of the Molding department at Ashad Company. Its production output is sent to the next department. 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 lending work in process Equivalent units of production Direct Materials 43,500 EUP 3,500 EUP 47,000 EUP Conversion 43,500 EUP 2,100 EUP 45,600 EUP Costs per EUP Costs of beginning work in process Costs incurred this period Direct Materials $ 33,700 563,200 $ 596,900 Conversion $ 4,440 333,000 $ 337, 440 Total costs 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 3,000 44,000 43,500 3,500 are its process cost summary using the weighted-average method. (Round "Cost per EUP" to 2 decimal places.) Prepare les process cost summery using the weighted-average method. (Round "Cost per EUPI to 2 decimal places.) Costa Charged to Production Total costs to account for Costi Difference due to rounding count Unit Reconcludon accounts for Total units to account for for med for tion (EUP)-Weighted Average Eup eonversion Conversion Costs EUR Costa CUJE EUP cost per EUP Tatat coat Total cost erlerinde fredstitt Cost per aquivalent unit of production Cost Asignment and Reconciliation Cosle transferred out Direct Convereen Total tracplerred out Costs of riding work in proces Dired retriels EUP Coeur Total cost Total ending work Total costs account
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