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 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		40,500	EUP		40,500	EUP
Units of ending work in process		2,500	EUP		1,500	EUP
Equivalent units of production		43,000	EUP		42,000	EUP

Costs per EUP	Direct Materials				Conversion
Costs of beginning work in process		$	20,100			$	2,720
Costs incurred this period			500,200				282,880
Total costs		$	520,300			$	285,600

Units in beginning work in process (all completed during July)	2,000
Units started this period	41,000
Units completed and transferred out	40,500
Units in ending work in process	2,500

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