[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 Materials Conversion 32,500 EUP 32,500 EUP 3,000 EUP 1,800 EUP 35,500 EUP 34,300 EUP Costs per EUP Costs of beginning work in process Costs incurred this period Total costs Direct Materials $ 22,950 349,800 $ 372,750 Conversion $ 2,600 175, 760 $ 178,360 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 20-12 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 Costs of beginning work in process 25,550.00 Costs incurred this period 525,560.00 Total costs to account for $ 551,110,00 Total costs accounted for "Difference due to rounding cost/unit 0.00 Unit Reconciliation Units to account for Beginning work in process 2,500 Units started this period 33,000 Total units to account for 35,500 Total units accounted for Completed and transferred out 32,500 Ending work in process 3,000 Total units accounted for 35,500 Equivalent Units of Production (EUP)-Weighted Average Method Units % Materials EUP-Materials % Conversion Units completed and transferred out 32,500 Units of ending work in process 3,000 EUP Conversion 3% EUP. Conversion Conversion EUP Equivalent Units of Production (EUP)-Weighted Average Method Units % Materials EUP. Materials % Conversion Units completed and transferred out 32,500 Units of ending work in process 3,000 3% Equivalent units of production 35,500 Cost per EUP Materials Cost of beginning work in process Costs incurred this period Total costs Costs Costs Equivalent units of production EUP Cost per equivalent unit of production 0 Cost Assignment and Reconciliation Cost per Costs transferred out EUP Total cost EUP Direct materials Conversion Total transferred out Costs of ending work in process EUP Total cost EUP Direct materials $ 0.00 Conversion $ 0.00 Total ending work in process Cost per