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. Ending work in process inventory is 60% complete with respect to conversion.

Equivalent Units of Production	Direct Materials		Conversion
Units transferred out	42,000		42,000
Units of ending work in process	4,500		2,700
Equivalent units of production	46,500		44,700

Costs per EUP	Direct Materials		Conversion
Costs of beginning work in process	$	27,550	$	3,180
Costs incurred this period		604,850		265,020
Total costs	$	632,400	$	268,200

Units in beginning work in process (all completed during July)	4,000
Units started this period	42,500
Units completed and transferred out	42,000
Units in ending work in process	4,500

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

Costs Charged to Production
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Total costs to account for
Total costs accounted for
*Difference due to rounding cost/unit
Unit Reconciliation
Units to account for
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Total units to account for
Total units accounted for
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Total units accounted for
Equivalent Units of Production (EUP)- Weighted Average Method
	Units	% Materials	EUPMaterials	% Conversion	EUPConversion
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Equivalent units of production
Cost per EUP			Materials		Conversion
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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