Weighted average method process cost summary

The following partially completed process cost summary describes the July production activities of Ashad Company. Its 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% complete with respect to conversion. Ending work in process inventory is 60% complete with respect to conversion. Direct Equivalent Units of Production Units transferred out Units of ending work in process Materials Conversion 39,500 4,000 39,500 2,400 Equivalent units of production 43,500 41,900 Costs per EUP Costs of beginning work in process Costs incurred this period $ 25,300 2,955 223,305 609,800 Total costs $ 635,100 226,260 Units in beginning work in process (all completed during Juty) Units started this period Units completed and transferred out Units in ending work in process 3,500 40,000 39.500 4,000