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 per EUP" to 2 decimal places.) Direct Materials Conversion Percent Percent Complete Complete Beginning work in process inventory Units started this period Conpleted and transferred out Ending work in process inventory Units 3.000 30,000 27,000 6.000 100 35% $ 3,270 8,928 $ 12,198 Beginning work in process inventory Direct materiais Conversion Costs added this period Direct materials Conversion Total costs to account for 229,380 452.016 681.396 $ 693,594 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 Total units to account for Units accounted for med and carred out 3.000 30,000 33,000 27 nol Total units accounted for 33,000 Equivalent Units of Production (EUP) Direct Materials Units % Complete EUP Completed and transferred out 27,000 100% 27,000 Ending work in process 6,000 100% 6,000 Equivalent Units of Production 33,000 33.000 Cost per Equivalent Unit of Production Direct Materials Costs of beginning work in process $ Costs added this period 229,380 Total costs Costs $ 232,650 + Equivalent units of production EUP 33.000 Cost per equivalent unit of production (rounded to 2 decimals) S 7.05 Cost Assignment Completed and transferred out EUP Cost per EUP Total cost Direct materials 27.000 Conversion 27.000 Total costs of completed and transferred out Ending work in process EUP Cost per EUP Total cost Direct materials 6,000 $ 0.00 Conversion $ 0.00 Total cost of ending work in process Total costs accounted for 3.270 Conversion % Complete EUP 100% 27,000 35% 2.100 29,100 Conversion S 8.928 452,016 Costs S 460,944 EUP 29,100 S 15.84