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The following data reports on the July production activities of the Molding department at Ash Company. Beginning work in process Direct materials Conversion Costs
The following data reports on the July production activities of the Molding department at Ash Company. Beginning work in process Direct materials Conversion Costs added this period Direct materials Conversion $ 40,350 5,250 $ 45,600 574,050 342,750 916,800 Total costs to account for $ 962,400 Direct Materials Conversion Percent Percent Units Complete Beginning work in process inventory 3,500 100% Complete 20% Units started this period 44,500 Completed and transferred out 44,000 Ending work in process inventory 4,000 100% 60% Prepare the Molding department's production cost report using the weighted average method. Note: Round "Cost per EUP" to 2 decimal places.
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