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	Direct Materials		Conversion
Units transferred out	38,000		38,000
Units of ending work in process	3,700		2,220
Equivalent units of production	41,700		40,220

Costs per EUP	Direct Materials		Conversion
Costs of beginning work in process	$	23,950	$	2,820
Costs incurred this period		501,470		238,500
Total costs	$	525,420	$	241,320

Units in beginning work in process (all completed during July)	3,200
Units started this period	38,500
Units completed and transferred out	38,000
Units in ending work in process	3,700

Prepare its process cost summary using the weighted-average method. (Round "Cost per EUP" to 2 decimal places.)

Costs Charged to Production
Total costs to account for
Total costs accounted for
*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
Equivalent Units of Production (EUP)- Weighted Average Method
	Units	% Materials	EUPMaterials	% Conversion	EUPConversion
Equivalent units of production
Cost per EUP			Materials		Conversion
Total costs		Costs		Costs
Equivalent units of production		EUP		EUP
Cost per equivalent unit of production
Cost Assignment and Reconciliation
Costs transferred out	EUP	Cost per EUP	Total cost
Direct materials
Conversion
Total transferred out
Costs of ending work in process	EUP	Cost per EUP	Total cost
Direct materials
Conversion
Total ending work in process
Total costs accounted for