[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 Direct Materials Conversion Units transferred out 40,000 EUP 40,000 EUP Units of ending work in process 4,500 EUP 2,700 EUP Equivalent units of production 44,500 EUP 42,700 EUP Costs per EUP Direct Materials Conversion Costs of beginning work in process $ 43,950 $ 5,360 Costs incurred this period 490,050 280,730 Total costs $ 534,000 $ 286,090 Units in beginning work in process (all completed during July) 4,000 Units started this period 40,500 Units completed and transferred out 40,000 Units in ending work in process 4,500 Prepare its process cost summary using the FIFO method. (Round "Cost per EUP" to 2 decimal places.)