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		36,000	EUP		36,000	EUP
Units of ending work in process		3,500	EUP		2,100	EUP
Equivalent units of production		39,500	EUP		38,100	EUP

Costs per EUP	Direct Materials				Conversion
Costs of beginning work in process		$	29,950			$	3,540
Costs incurred this period			412,450				221,250
Total costs		$	442,400			$	224,790

Units in beginning work in process (all completed during July)	3,000
Units started this period	36,500
Units completed and transferred out	36,000
Units in ending work in process	3,500

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		36,000	EUP		36,000	EUP
Units of ending work in process		3,500	EUP		2,100	EUP
Equivalent units of production		39,500	EUP		38,100	EUP

Costs per EUP	Direct Materials				Conversion
Costs of beginning work in process		$	29,950			$	3,540
Costs incurred this period			412,450				221,250
Total costs		$	442,400			$	224,790