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 Direct Equivalent Units of Production Units transferred out Materials Conversion 43,000 4,700 43,000 2,820 Units of ending work in process Equivalent units of production 47,700 45,820 Direct Materials Conversion Costs per EUP Costs of beginning work in process Costs incurred this period $ 28,450 $ 3,270 271,650 667,970 Total costs $ 696,420 274,920 Units in beginning w (all completed during July) Units started this period Units completed and transferred out Units in ending work in process ork in process 4,200 43,500 43,000 4,700