14)

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

Units			Costs
Beginning work in process inventory	6,100		Beginning work in process inventory
Started	22,500		Direct materials	$	4,980
Ending work in process inventory	7,200		Conversion		11,028
						$	16,008
Status of ending work in process inventory			Direct materials added				382,550
MaterialsPercent complete	100	%	Direct labor added				249,680
ConversionPercent complete	30	%	Overhead applied (64.96% of direct labor)				162,194
			Total costs to account for			$	810,432
			Ending work in process inventory			$	93,144

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.(Do not round intermediate calculations. Round "Cost per EUP" to 2 decimal places.)