Elliott Company produces large quantities of a standardized product. The following information is available for the first process in its production activities for March.

Units			Costs
Beginning work in process inventory	3,000		Beginning work in process inventory
Started	30,000		Direct materials	$	3,270
Ending work in process inventory	6,000		Conversion		8,928
							$	12,198
Status of ending work in process inventory			Direct materials added					229,380
MaterialsPercent complete	100	%	Direct labor added					188,340
ConversionPercent complete	35	%	Overhead applied (140% of direct labor)					263,676
			Total costs to account for				$	693,594
			Ending work in process inventory				$	75,564

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:
Costs of beginning work in progress
costs incurred this period
Total costs to account for:	$0
Total costs accounted for
Difference due to rounding cost/unit	$0
Unit Reconciliation:
Units to account for:
Beginning work in progress
units started this period
Total units to account for
Total units accounted for:
completed and transferred out
ending work in progress
Total units accounted for
Equivalent Units of Production (EUP)- Weighted Average Method
	Units	% Materials	EUP- Materials	% Conversion	EUP-Conversion
units completed and transferred out
units of ending work in progress
Total units
Cost per Equivalent Unit of Production			Materials		Conversion
Total costs		Costs		Costs
Equivalent units of production		EUP		EUP
Cost per equivalent unit of production (rounded to 2 decimals)			0		0
Total Costs Accounted for:
Cost of units transferred out:	EUP	Cost per EUP	Total cost
Direct materials
Conversion
Total costs transferred out
Costs of ending work in process	EUP	Cost per EUP	Total cost
Direct materials		$0.00
Conversion		$0.00
Total cost of ending work in process
Total costs accounted for