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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.

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 36,500 EUP 36,500 EUP
Units of ending work in process 4,000 EUP 2,400 EUP
Equivalent units of production 40,500 EUP 38,900 EUP

Costs per EUP Direct Materials Conversion
Costs of beginning work in process $ 35,850 $ 4,200
Costs incurred this period 421,800 229,200
Total costs $ 457,650 $ 233,400

Units in beginning work in process (all completed during July) 3,500
Units started this period 37,000
Units completed and transferred out 36,500
Units in ending work in process 4,000

fill out charts completly.

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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 EUP. Materials) % Conversion EUP Conversion Units | % Materials Equivalent units of production Cost per EUP Materials Conversion Total costs -Equivalent units of production Cost per equivalent unit of productior Cost Assignment and Reconciliation Costs EUP Costs EUP

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