The following partially completed process cost summary describes the Juli production activities of Ashad Compny.is t 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% compllete with respect to conversion.

equivalent unit of productions Direct materials Conversion cost

Units transferred out 42,500 EUP 42,500EUP

units of ending work in process 2,500 eup 1,500 eup

Equivalent units of production 45,000 eup 44,000 eup

costs per eup DM Conversion costs

costs of beginning work in process 20,700 2,880

costs incurred this period 541,800 313920

total costs 562500 316800

Units in begninning work in process (all completed during july) 2,000

Units started this period 43000

Units completed and transferred out 42500

Units in ending work in process 2500