Elliott Company produces large quantities of a standardized product. The following information is available for the first process in its production activities for March Costs 3,000 citing work in process inventory 0.000 Direct materials 5.000 Conversion 53,660 10,168 Units Being work in process Inventory Started Eine wirk in process inventory status of ending work in process inventory Materials Percent complete Conversion-cot complete $14,038 194,670 18.20 Direct materials added 100Direct labor added 203 Overhead applied (140% of direct labor) Total costs to account for Ending work in process inventory $651,735 555.36 Prepare a process cost summary report for this process using the weighted average method (Round "Cost per EUP" to 2 decimal places) 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: $ 0 Total costs to account for Total costs accounted for Difference due to rounding costunit Unit Reconciliation: Units to account for: 0 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 EUP Costs EUP 0 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 Conversion Total cost of ending work in process Total costs accounted for Total cost Cost per EUP S 0.00 $ 0.00 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 Beginning work in process inventory Started Ending work in process inventory Status of ending work in process inventory Materials-Percent complete Conversion Percent complete Costs 3,000 teginnine work in process inventory 30,000 Direct materials 6,000 Conversion 53,660 10,36 Direct materials added 100% Direct Labor added 20% Overhead applied (140% of direct labor) Total costs to account for Ending work in process inventory $ 14,028 154,670 184,620 258,468 5651,786 Prepare a process cost summary report for this process using the weighted average method. (Round "Cost per EUP" to 2 decimal ninced