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 Percent Percent Units Complete Complete Beginning work in process inventory 2,000 Units started this period 20,000 Completed and transferred out 17,000 5,000 100% 35% 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 $ 2,500 6,360 $ 8,860 168,000 479,640 647,640 $ 656,500 ELLIOTT COMPANY-First Department Production Cost Report - Weighted Average Method For Month Ended March 31 Unit Reconciliation: Units to account for: Beginning work in process Units started this period 2,000 20,000 Total units to account for 22,000 Units accounted for: Ending work in process Completed and transferred out Total units accounted for 5,000 17,000 22,000 Equivalent Units of Production (EUP) Direct Materials Conversion Units % Complete EUP Completed and transferred out 17,000 Ending work in process 5,000 100% 100% 17,000 5,000 Equivalent Units of Production 22,000 22,000 Cost per Equivalent Unit of Production Direct Materials Costs of beginning work in process Costs added this period Total costs + Equivalent units of production Cost per equivalent unit of production (rounded to 2 decimals) Cost Assignment EUP 17,000 1,750 18,750 Conversion $ 2,500 $ 1,750 168,000 58,800 Costs EUP $ 170,500 Costs $ 60,550 170,500 1.00 EUP 60,000 $ 1.01 % Complete 100% 35% Completed and transferred out Direct materials Conversion Ending work in process Direct materials Conversion Total costs accounted for EUP Cost per EUP Total cost EUP Cost per EUP Total cost $ 0.00 $ 0.00