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. Conversion Equivalent Units of Production Units transferred out Units of ending work in process Equivalent units of production Direct Materials 36,500 EUP 4,000 EUP 40,500 EUP 36,500 EUP 2,400 EUP 38,900 EUP Costs per EUP Costs of beginning work in process Costs incurred this period Direct Materials $ 35,850 421,800 $ 457,650 Conversion $ 4,200 229,200 $ 233,400 Total costs Units in beginning work in process (all completed during July) Units started this period Units completed and transferred out Units in ending work in process 3,500 37,000 36,500 4,000 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 Units % Materials EUP- Materials % Conversion EUP-Conversion Equivalent units of production Cost per EUP Materials Conversion Costs Costs EUP EUP Total costs + Equivalent units of production Cost per equivalent unit of production 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 Cost per EUP Total cost Direct materials Conversion Total ending work in process