Use the following information for the Exercises below. [The following information applies to the questions displayed below.] 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 Materials 38,500 EUP Equivalent Units of Production Units transferred out Units of ending work in process 38,500 EUP 3,000 EUP 1,800 EUP 41,500 EUP 40,300 EUP Equivalent units of production Direct Materials Conversion Costs per EUP Costs of beginning work in process Costs incurred this period $ 25,350 3,200 460,200 254,720 Total costs $ 485,550 $257,920 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 2,500 39,000 38,500 3,000 Costs Charged to Production Costs of beginning work in process 28,550.00 Costs incurred this period 714,920.00 743,470.00 Total costs to account for Total costs accounted for $ *Difference due to rounding cost/unit 0.00 Unit Reconciliation Units to account for Beginning work in process 2,500 Units started this period 39,000 41,500 Total units to account for Total units accounted for Completed and transferred out 38,500 Ending work in process 3,000 41,500 Total units accounted for Equivalent Units of Production (EUP)- Weighted Average Method Require Equivalent Units of Production (EUP)- Weighted Average Method EUP- Units % Materials EUP- Materials % Conversion Conversion Units completed and transferred out Units of ending work in process Equivalent units of production Cost per EUP Conversion Materials Cost of beginning work in process Costs incurred this period Total costs Costs Costs Equivalent units of production EUP EUP Cost per equivalent unit of production 0 0 Cost Assignment and Reconciliation Cost per EUP EUP Total cost Costs transferred out Direct materials Conversion Total transferred out Cost per EUP Costs of ending work in process EUP Total cost Direct materials 0.00 Novt Drou