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[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		34,500	EUP		34,500	EUP
Units of ending work in process		2,000	EUP		1,200	EUP
Equivalent units of production		36,500	EUP		35,700	EUP

Costs per EUP	Direct Materials				Conversion
Costs of beginning work in process		$	12,850			$	1,680
Costs incurred this period			385,000				198,240
Total costs		$	397,850			$	199,920

Units in beginning work in process (all completed during July)	1,500
Units started this period	35,000
Units completed and transferred out	34,500
Units in ending work in process	2,000

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

Answer is not complete.

Costs Charged to Production Costs of beginning work in processselected answer correct $28,550.00selected answer incorrect Costs incurred this periodselected answer correct 53,000.00selected answer incorrect Total costs to account for $81,550.00 Total costs accounted for *Difference due to rounding cost/unit $0.00 Unit Reconciliation Units to account for not attempted not attempted not attempted not attempted Total units to account for Total units accounted for not attempted not attempted not attempted not attempted Total units accounted for Equivalent Units of Production (EUP)- Weighted Average Method Units % Materials EUP- Materials % Conversion EUP- Conversion not attempted not attempted not attempted not attempted not attempted not attempted not attempted not attempted not attempted not attempted not attempted not attempted Equivalent units of production Cost per EUP Materials Conversion not attempted not attempted not attempted not attempted not attempted not attempted not attempted not attempted not attempted not attempted not attempted not attempted Total costs Costs Costs Equivalent units of production EUP not attempted EUP not attempted Cost per equivalent unit of production 0 0 Cost Assignment and Reconciliation Costs transferred out EUP Cost per EUP Total cost Direct materials not attempted not attempted Conversion not attempted not attempted Total transferred out Costs of ending work in process EUP Cost per EUP Total cost Direct materials not attempted $0.00 Conversion not attempted $0.00 Total ending work in process Total costs accounted for

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