Information about the July inventories follows. Use this information with that from part 1 to prepare a process cost summary, assuming the weighted-average method is used.(Round "Cost per EUP" to 2 decimal places.)

Units

Beginning inventory8,500units

Started18,000units

Ending inventory12,000units

Beginning inventory

Materials?Percent complete100%

Conversion?Percent complete70%

Ending inventory

Materials?Percent complete100%

Conversion?Percent complete40%

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Total costs to account for: Total costs to account for 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 Total units Cost per equivalent unit of production Units % Materials EUP. Materials % Labor EUP. Conversion Total costs + Equivalent units of production Cost per equivalent unit of production (rounded to 2 decimals) Costs EUP Total costs accounted for: Cost of units transferred out Direct materials Conversion Total costs transferred out Costs of ending goods in process Direct materials Conversion Total cost of ending goods in process Total costs accounted for Materials EUP Cost per EUP Total cost EUP Cost per EUP Total cost Costs EUP Conversion Total costs to account for: Total costs to account for 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 Total units Cost per equivalent unit of production Units % Materials EUP. Materials % Labor EUP. Conversion Total costs + Equivalent units of production Cost per equivalent unit of production (rounded to 2 decimals) Costs EUP Total costs accounted for: Cost of units transferred out Direct materials Conversion Total costs transferred out Costs of ending goods in process Direct materials Conversion Total cost of ending goods in process Total costs accounted for Materials EUP Cost per EUP Total cost EUP Cost per EUP Total cost Costs EUP Conversion