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The following data reports on the July production activities of the Molding department at Ash...

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Accounting

The following data reports on the July production activities of the Molding department at Ash Company.

Beginning work in process
Direct materials $ 41,850
Conversion 4,880 $ 46,730
Costs added this period
Direct materials 431,250
Conversion 237,290 668,540
Total costs to account for $ 715,270
Units Direct Materials Conversion
Percent Complete Percent Complete
Beginning work in process inventory 4,000 100% 20%
Units started this period 37,500
Completed and transferred out 37,000
Ending work in process inventory 4,500 100% 60%

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