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Required information The following information applies...

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Accounting

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Required information 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. Equivalent Units of Production Units transferred out Units of ending work in process Equivalent units of production Direct Conversion 34,500 EUP 34,580 EUP 2,000 EUP 1,200 EUP 36,500 EUP 35,700 EUP Materials Direct Materials onversi 1,680 Costs per EUP Costs of beginning work in process12,850 Costs incurred this period Total costs 385,000 198,24 $397,850 $199,920 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 1,500 35,000 34,500 2,000 Prepare its process cost summary using the FIFO method. (Round "Cost per EUP" to 2 decimal places Costs Charged to Production Total costs to account for 0.00 Total costs accounted for Difference due to rounding cost/unit 0.00

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