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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.

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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. 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 Conversion 36,500 EUP 36,500 EUP 1,000 EUP 2,400 EUP 40,500 EUP 38,900 EUP Costs per EUP Costs of beginning work in process Coats incurred this period Total costs Direct Materials $ 35,850 421,800 $ 457,650 Conversion $ 4,200 229, 200 $233, 400 Units in beginning work in process (all completed during July) Units started this period Units completed and transferred out Unitsin ending work in process 3.500 37,000 36,500 4.000 Required information 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 | $ 36,500.00 Costs incurred this period 421,800.00 Total costs to account for $ 458,300.00 Total costs accounted for *Difference due to rounding cost/unit 0.00 Unit Reconciliation Units to account for Beginning work in process Units started this period Total units to account for Total units accounted for Completed and transferred out Ending work in process Total units accounted for Equivalent Units of Production (EUP) Weighted Average Method ale FHD eller IVALU RICHIEU Uu Required information Equivalent Units of Production (EUP)- Weighted Average Method Units % Materials EUP. Materials % Conversion EUP Materials Conversion Units completed and transferred out Units of ending work in process Equivalent units of production Cost per EUP Cost of beginning work in process Costs incurred this period Total costs - Equivalent units of production Cost per equivalent unit of production Cost Assignment and Reconciliation Costs transferred out Costs EUP Costs EUP EUP Cost per EUP Total cost Direct materials Conversion Total transferred out Costs of ending work in process EUP Cost per EUP Total cost Nina Prey 1 of 1 !!! Next 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 Total cost Cost per EUP $ 0.00 $ 0.00 Direct materials Conversion Total ending work in process Total costs accounted for

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