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 2,500 Beginning work in process inventory 25,000 Direct materials 5,800 Conversion Direct materials added 100% Direct labor added 35% Overhead applied (140% of direct labor) Total costs to account for Ending work in process inventory 34,925 6,240 5 11,165 174, 180 172,000 240,00 $598,065 562,790 Prepare a process cost summary report for this process using the weighted-uverage method. (Round "Cost per EUp to 2 decimal places.) Total Costs to Account for 5 Total cost to account for Total coccount Doncs due to run costi conto Saved Help Save Total costs accounted for Difference due to rounding costunit 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 FUP. Materials Conversion EUP.Conversion Total units cost per Equivalent Unit of Production Materials Conversion Costs EUP 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 EUR Cost per EUP Total cost =https%253A%252F%252Fnewconnect.mheducation.com%2521 Saved Help Save & 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 $ 0.00 S 0.00