13 Exercise 20-17 (Algo) Weighted Average: Process cost summary LO P2 1.47 points Oslo Company produces large quantities of a standardized product. The following information is available for the first production department for May. Prepare a production cost report for this process using the weighted average method. (Round "Cost per EUP" to 2 decimal places.) Direct Materials Conversion Percent Percent Completa Complete eBook Unita Beginning work in process inventory Unita started this period Completed and transferred Out Ending work in Pro0298 inventory 12,500 13,490 3,200 Hint 1004 Print $ 2,978 5, 628 62, 606 Beginning work in process inventory Direct materiala Conversion Coata added this period Direct materiala Conversion Total coata to account to G References 205, 350 246,392 451, 742 OSLO COMPANY=First Department Production Cost Report - Weighted Average Method For Month Ended May 31 Unit reconciliation: Units to account for: : Total units to account for Units accounted for: Total units accounted for Equivalent units of production (EUP)- weighted average method Direct Materials % Complete EUP Conversion % Complete EUP Units Total units Cost per equivalent unit of production Direct Materials Conversion Costs Costs EUP EUP EUP cost per EUP Total cost Total 00615 Equivalent units of production Cost per equivalent unit of production (rounded to 2 decimals) Cost Assignment Completed and transferred out Direct materials Conversion Total costs of completed and transferred out Ending work in process Direct materiais Conversion Total cost of ending work in process Total costs accounted for EUP Cost per EUP Total cost