Question: The following data reports on the July production activities of the Molding department at Ash Company. Beginning work in process Direct materials Conversion Costs added

The following data reports on the July production activities of the Molding department at Ash Company. Beginning work in process Direct materials Conversion Costs added this period $ 24,150 2,900 $ 27,050 Direct materials Conversion 403,200 213,440 Total costs to account for 616, 640 $ 643,690 Beginning work in process inventory Units started this period Completed and transferred out Ending work in process inventory Direct Materials Percent Units Complete 2,500 100% 36,000 35,500 3,000 100% Conversion Percent Complete 20% 60%

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