Elliott Company produces large quantities of a standardized product. The following information is avalable for the first process in its production activities for March , Unita Beginning work process inventory Started Ending work in process inventory States of ending work in proventory Materias-percent complete Conversion-Percent complete 3.900 Cost 3.000 Begang work in to 30,000 Direct we .000 Convenion Dite materiais added LOON Diret labor added 35 Overhead spple (1400 in die om Total Bocant to Ending work in pro 1 VOEY # 12.11 229.00 108.140 26. $63.54 Prepare a process cost summary report for this process using the weighted average method (Round "Cost per EUP to 2 decimal places.) places.) SpuLESS USHg the weighted average method. (Round "Cost per EUP" to 2 decimal Total Costs to Account for ints eBook Hint Total costs to account for Total costs accounted for Difference due to rounding cost/unit Unit Reconciliation: Units to account for: References Total units to account for Total units accounted for Total units accounted for Equivalent Units of Production (EUP) Weighted Average Method Equivalent units of Production (EUP) Weighted Average Method Units * Materials EUP Mattias Conversion EUP Conversion Total units Cost per Equivalent Unit ol Production Materials Conversion Costs EUP Costs EUP Cost per EUP Total cost Total costs Equivalent units of production Cost per equivalent unit of production (rounded to 2 decimals) Total Costs Accounted for Cost of units transferred out: EUP Direct materials Conversion Total costs transferred out Costs of ending work in process EUP Direct matenals Conversion Total cost of ending work in process Total costs accounted for Cost per EUP Total cost 5 Neyt