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 pe EUP" to 2 decimal places.) Direct Materials Conversion Units Percent Percent Complete Complete Beginning work in process inventory 500 Units started this period Completed and transferred out 5,000 4,500. Ending work in process inventory Beginning work in process inventory Direct materials Conversion Costs added this period Direct materials 1,000 100% 30% $ 865 1,656 $ 2,521 40,000 Conversion 77,832 Total costs to account for 117,832 $ 120,353