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. Direct Conversion Equivalent Units of Production Units transferred out Units of ending work in Materials 32,ee0 EUP 32,000 EUP 2,500 EUP 1,500 EUP process Equivalent units of production 34,500 EUP 33,500 EUP Direct Costs per EUP Costs of beginning work in process Costs incurred this period Materials Conversion $ 2,280 188,670 $ 18,550 357,500 Total costs 376,050 $190,950 Units in beginning work in process (all completed during July) Units started this period 2,000 Units completed and transferred out Units in ending work in process 32,500 A32,000 2,500