The following partially completed process cost summary describes the July production activities of the Molding department at Ashad Company. Its production output is sent to the next department. 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

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

Costs Charged to Production Cost of beginning work in process Costs incurred this period Total costs to account for $ 0.00 Total costs accounted for $ 0.00 * 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) - FIFO method Units % Materials EUP- Materials % Conversion EUP. Conversion Total Cost per EUP Materials Conversion Total costs Costs Costs EUP EUP Equivalent units of production Cost per EUP (rounded to 2 decimals) 0 Cost assignment and reconciliation Costs transferred out EUP Cost per EUP Total cost Cost of beginning work in process Cost to complete beginning work in process Direct materials Conversion Total cost to complete beginning work in process Costs of units started and completed this period EUP Cost per EUP Total cost Direct materials $ 0.00 Conversion $ 0.00 Total costs started and completed this period Total cost of work finished this period $ 0.00 Costs of ending work in process EUP Cost per EUP Total cost Direct materials $ 0.00 Conversion $ 0.00 Total cost of ending work in process Total costs accounted for