5 pints eBook Hint Exercise 20-16 (Algo) Weighted average: Production cost report LO P2 Elliott Company produces large quantities of a standardized product. The following information is available for its first production department for March. Prepare a production cost report for this department using the weighted average method. Note: Round "Cost per EUP" to 2 decimal places. Direct Materials Conversion Units Percent Percent Complete Complete Beginning work in process inventory Units started this period 3,000 30,000 Completed and transferred out 27,000 6,000 100% 351 Print Ending work in process inventory Beginning work in process inventory Direct materials Conversion Costs added this period Direct materials Conversion References Total costs to account for $ 3,270 8,928 $ 12,198 229,380 452,016 681,396 $ 693,594 nces Unit Reconciliation: Units to account for: Total units to account for Units accounted for: Total units accounted for Equivalent Units of Production (EUP) Equivalent Units of Production Cost per Equivalent Unit of Production ELLIOTT COMPANY-First Department Production Cost Report-Weighted Average Method For Month Ended March 31 Total costs Equivalent units of production Cost per equivalent unit of production (rounded to 2 decimals) Cost Assignment Completed and transferred out Direct materials Conversion Ending work in process Direct materials Conversion Total costs accounted for Direct Materials Units % Complete Costs EUP Conversion EUP % Complete EUP Direct Materials EUP Cost per EUP Total cost EUP Cost per EUP Total cost $ 0.00 $ 0.00 Conversion Costs EUP 0 0