Check my w 14 Elliott Company produces large quantities of a standardized product. The following information is available for its production activities for March. 0.54 points Units Beginning work in process inventory Started Ending work in process inventory 4,000 40,000 8,000 Costs Beginning work in process inventory Direct materials Conversion Skipped $ 4,720 15, 264 Status of ending work in process inventory Materials-Percent complete Conversion-Percent complete 25% Direct materials added 100% Direct labor added Overhead applied (140% of direct labor) Total costs to account for Ending work in process inventory $ 19,984 298,440 255,840 358,176 $932, 440 $ 88,240 eBook Hint 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.) References $ 19,984 $ 19,984 Total Costs to Account for: Costs of beginning work in process Costs incurred this period Total costs to account for: Total costs accounted for Difference due to rounding cost/unit Unit Reconciliation: Units to account for: Beginning work in process inventory Units started this period Total units to account for Total units accounted for: Ilnite comnleted and transferred out 4,000 40,000 44,000 Units completed and transferred out Ending work in process Total units accounted for Equivalent Units of Production (EUP) - Weighted Average Method Units % Materials EUP-Materials % Conversion EUP- Conversion Materials Conversion Costs EUP Costs EUP Units completed and transferred out Ending work in process Total units Cost per Equivalent Unit of Production Cost of beginning work in process Costs incurred this period Total costs + Equivalent units of production Cost per equivalent unit of production (rounded to 2 decimals) Total Costs Accounted for: Cost of units transferred out: EUP Direct materials Conversion Total costs transferred out Costs of ending work in process EUP Direct materials Conversion Total cost of ending work in process Total costs accounted for Cost per EUP Total cost Total cost Cost per EUP | $ 0.00 $ 0.00