The following partially completed process cost summary describes the July production activities of Ashad Company. Its...

Equivalent units of production (weighted-average method)	Direct Materials	Conversion
Units transferred out	32,500	32,500
Units of ending work in process	2,600	1,560

Equivalent units of production	35,100	34,060

Costs per EUP	Direct Materials		Conversion
Costs of beginning work in process	$	19,000	$	2,325
Costs incurred this period		367,500		193,170

Total costs	$	386,500	$	195,495


Units in beginning work in process (all completed during July)	2,100
Units started this period	33,000
Units completed and transferred out	32,500
Units in ending work in process	2,600

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

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ekkarill92 answered 10 months ago

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