Elliott Company produces large quantities of a standardized product. The following information is available for the first process in its production activities for March.

Units			Costs
Beginning work in process inventory	1,000		Beginning work in process inventory
Started	10,000		Direct materials	$	1,620
Ending work in process inventory	2,000		Conversion		3,936
							$	5,556
Status of ending work in process inventory			Direct materials added					66,360
MaterialsPercent complete	100	%	Direct labor added					73,410
ConversionPercent complete	25	%	Overhead applied (140% of direct labor)					102,774
			Total costs to account for				$	248,100
			Ending work in process inventory				$	21,840

Prepare a process cost summary report for this process using the weighted-average method.