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 Units transferred out Units of ending work in process Equivalent units of production Direct Materials 35,000 HUP 2.500 EUP 37,500 EUP Conversion 35,000 EUP 1.500 EUP 36,500 EUP Costs per EUR Conts of beginning work in process Couts incurred this period Total conto Direct Materials $ 18.450 394,050 $412,500 Conversion $ 2,280 205,770 $ 208,050 Units in beginning work in process (all completed during July) Wnitentarted this period Unita completed and transferred out Units in ending work in procese 2,000 35,500 35,000 2,500 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 Corts incurred this period Total costs to account for Total costs accounted for 5 0.00 $ 0.00 *Difference due to rounding cost/unit Unit Reconciliation Units to account for Total units to account for Total units accounted for Total units accounted for Required information Tour counted To Equivalent Units of Production (EUP). Weighted Average Method Units % Materials EUP. Materials % Conversion EUP. Conversion Equivalent units of production Cost per EUP Materials Conversion Costs Costs EUP EUP 0 0 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 EUP Cost per EUP Total cost 0 EUP Cost per EUP Total cost ok Cost per equivalent unit of production Cost Assignment and Reconciliation Costs transferred out Direct materials Conversion Total transferred out Costs of ending work in process Direct materials Conversion Total ending work in process Total costs accounted for EUP Total cost Cost per EUP $ 0.00 $ 0.00