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 Direct materials Conversion Total costs to account for Beginning work in process inventory Units started this period Completed and transferred out Ending work in process inventory $ 18,550 2,280 357,500 188,670 $ 20,830 546,170 $ 567,000 Units Prepare a production cost report using the FIFO method. 2,000 32,500 32,000 2,500 Direct Materials Percent Complete 100% 100% Conversion Percent Complete 20% 60%

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The following data reports on the July production activities of the Molding department at Ash Company. Prepare a production cost report using the FIFO method.

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