13)

Elliott Company produces large quantities of a standardized product. The following information is available for its production activities for March.

Units			Costs
Beginning work in process inventory	2,500		Beginning work in process inventory
Started	25,000		Direct materials	$	4,400
Ending work in process inventory	5,000		Conversion		8,160
						$	12,560
Status of ending work in process inventory			Direct materials added				208,175
MaterialsPercent complete	100	%	Direct labor added				177,900
ConversionPercent complete	40	%	Overhead applied (140% of direct labor)				249,060
			Total costs to account for			$	647,695
			Ending work in process inventory			$	74,170

Prepare a process cost summary report for this company, showing costs charged to production, unit cost information, equivalent units of production, cost per EUP, and its cost assignment and reconciliation. Use the weighted-average method.(Round "Cost per EUP" to 2 decimal places.)