[The following information applies to the questionsdisplayed below.]

The following partially completed process cost summary describesthe July production activities of Ashad Company. Its productionoutput is sent to its warehouse for shipping. All direct materialsare added to products when processing begins. Beginning work inprocess inventory is 20% complete with respect toconversion.

Equivalent Units ofProduction	Direct Materials			Conversion
Units transferred out		35,000	EUP		35,000	EUP
Units of ending work inprocess		2,500	EUP		1,500	EUP
Equivalent units ofproduction		37,500	EUP		36,500	EUP

Costs per EUP	Direct Materials				Conversion
Costs of beginning work inprocess		$	18,450			$	2,280
Costs incurred this period			394,050				205,770
Total costs		$	412,500			$	208,050

Units in beginning work inprocess (all completed during July)	2,000
Units started this period	35,500
Units completed and transferredout	35,000
Units in ending work inprocess	2,500
Prepare its process cost summary using the weighted-average method.(Round "Cost per EUP" to 2 decimal places.) Costs Charged to Production Total costs to account for Total costs accounted for *Difference due to roundingcost/unit Unit Reconciliation Units to account for Total units to account for Total units accounted for Total units accounted for Equivalent Units of Production (EUP)- Weighted Average Method Units % Materials EUP- Materials % Conversion EUP- Conversion Equivalent units ofproduction Cost per EUP Materials Conversion Total costs Costs Costs ÷ Equivalent units ofproduction EUP EUP Cost per equivalent unit ofproduction Cost Assignment and Reconciliation Costs transferred out EUP Cost perEUP Totalcost Direct materials Conversion Total transferred out Costs of ending work inprocess EUP Cost perEUP Totalcost Direct materials Conversion Total ending work inprocess Total costs accounted for