Elliott Company produces large quantities of a standardized product. The following information is available for th first process in its production activities for March Units Beginning work in process inventory Started Ending work in process inventory 3,500 35.000 7.000 Costs Beginning work in process inventory Direct materials Conversion $ 3,815 11,592 Status of ending work in process inventory Materials-Percent complete Conversion-Percent complete Direct materials added 10 Direct labor added 40% Overhead applied (140% of direct labor) Total costs to account for Ending work in process inventory $ 15,407 299.1 259.20 362.992 5936.859 $196,814 Prepare a process cost summary report for this process using the weighted-average method. (Round "Cost per EUP" to 2 decimal places.) Total Costs to Account for: Total costs to account for Total costs accounted for Derence due to rounding costunit Unit Reconciliation: Unit Reconciliation: Units to account for: Total units to account for Total units accounted for Total units accounted for Equivalent Units of Production (EUP). Weighted Average Method Units % Materials EUP-Materials % Conversion EUP-Conversion Total units Cost per Equivalent Unit of Production Materials Conversion Costs Costs EUP 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 Direct materials Cost per EUP Total cost Total units Cost per Equivalent Unit of Production Materials version Costs Costs EUP FUP 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 materials Cost per EUP Total cost Conversion 0.00 Total cost of ending work in process Total costs accounted for