Elliott Company produces large quantities of a standardized product. The following information is available for its production activities for March Units Beginning work in process inventory Started Ending work in process inventory Status of ending work in process inventory Materials-Percent complete Conversion-Percent complete Costs 2,500 Beginning work in process inventory 25,000 Direct materials 5,000 Conversion $ 3,725 11,589 Direct materials added 100 Direct labor added 384 Overhead applied (140% of direct labor) Total costs to account for Ending work in process inventory $ 15,305 185,750 182.375 255,325 $638,755 $ 62,530 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.) Total Costs to Account for: Total costs to account for: Total costs accounted for Difference due to rounding costunit Unit Reconciliation: Units to account for: Total units to account for Total units accounted for: EUP- Conversion 1,500 1,500 Conversion Equivalent Units of Production (EUP)-Weighted Average Method Units % Materials EUP-Materials % Conversion EUP-Materials conversion Units completed and transferred out 100% 100% Ending work in process 5,000 100% 5,000 30% Total units 5,000 5,000 Cost per Equivalent Unit of Production Materials Cost of beginning work in process Costs incurred this period Total costs Costs Costs Equivalent units of production EUP EUP Cost per equivalent unit of production (rounded to 2 decimals) Total Costs Accounted for: Cost of units transferred out: EUP Cost per EUP Total cost Direct materials Conversion Total costs transferred out EUP Total cost Costs of ending work in process Direct materials Conversion Total cost of ending work in process Total costs accounted for Cost per EUP Cost $ 0.00 $ 0.00