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 32,500 EUP 3,000 EUP 35,500 EUP Conversion 32,500 EUP 1,800 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 Unite 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 Costs incurred this period Total costs to account for $ 0.00 Taman VWww Us V.UU Total costs accounted for "Difference due to rounding cost/unit $ 0.00 Unit Reconciliation Units to account for Beginning work in process Units started this period Total units to account for Total units accounted for Completed and transferred out Ending work in process Total units accounted for Equivalent Units of Production (EUP)-Weighted Average Method Units % Materials EUP-Materials % Conversion Units of ending work in process Units completed and transferred out Equivalent units of production Cost per EUP + Materials Cost of beginning work in process Cost of ending work in process Total costs Costs Costs + Equivalent units of production EUP EUP Cost per equivalent unit of production 0 Cost Assignment and Reconciliation Costs transferred out Cost per EUP EUP Total cost Direct materials EUP- Conversion Conversion 0 Units % Materials EUP-Materials % Conversion EUP- Conversion Materials Conversion Units of ending work in process Units completed and transferred out Equivalent units of production Cost per EUP Cost of beginning work in process Cost of ending work in process Total costs Equivalent units of production Cost per equivalent unit of production Cost Assignment and Reconciliation Costs transferred out Direct materials Conversion Total transferred out Costs EUP Costs EUP 0 0 EUP Cost per Total cost EUP EUP Cost per Total cost Costs of ending work in process Direct materials Conversion Total ending work in process Total costs accounted for $ $ EUP 0.00 0.00