8.4 1 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. (Round "Cost per EUP" to 2 decimal places.) points Direct Materials Conversion Percent Percent Complete Complete Units eBook Beginning work in process inventory Units started this period 2,500 25,000 Completed and transferred out 22,500 5,000 100% 35% Hint Print References Ending work in process inventory Beginning work in process inventory Direct materials Conversion Costs added this period Direct materials Conversion Total costs to account for 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 $ 4,800 11,400 $ 16,200 200,350 372,720 573,070 $ 589,270 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 Conversion Units % Complete EUP % Complete EUP Costs EUP Direct Materials EUP Cost per EUP Total cost EUP Cost per EUP Total cost Costs EUP Conversion