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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.

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. Direct Conversion Equivalent Units of Production Units transferred out Units of ending work in process Equivalent units of production Materials 32,500 EUP 32,500 EUP 1,800 EUP 35,500 EUP 34,300 EUP 3,000 EUP Direct Materials Conversion Costs per EUP Costs of beginning work in process Costs incurred this period Total costs 22,950 2,600 349,80 372,750 178,360 175,766 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 33,000 32,500 3,000 Exercise 16-12 Weighted average: Completing a process cost summary LO C3 Prepare its process cost summary using the weighted-average method. (Round "Cost per EUP" to 2 decimal places.) Costs Charged to Production osts of beginning work in process osts incurred this period Total costs to account for Total costs accounted for Difference due to rounding cost/unit Unit Reconciliation Units to account for 0.00 0.00 Total units to account for Total units accounted for Total units accounted for