Elliott Company produces large quantities of a standardized product. The following information is available for its first production department for March. Prepare a production cost report for this department using the weighted average method.Note: Round "Cost per EUP" to $2$ decimal places.$$UnitsDirect MaterialsConversionPercent CompletePercent CompleteBeginning work in process inventory$2,500$Units started this period$25,000$Completed and transferred out$22,500$Ending work in process inventory$5,000100\%35\%$Beginning work in process inventory$$Direct materials$ $4,800$Conversion$11,400$$ $16,200$Costs added this period$$Direct materials$200,350$Conversion$372,720573,070$Total costs to account for$$$ $589,270$Total units accounted for

Equivalent Units of Production $($EUP$)$

$\backslash$table$[[,$Units,Direct Materials,Conversion$],[,\%$ Complete,EUP,$\%$ Complete,EUP$],[,,,,,],[,,,,,],[$Equivalent Units of Production$],[$Cost per Equivalent Unit of Production,,,Direct Materials,,Conversion$],[,,,,,],[,,,,,],[$Total costs,,Costs,,Costs,$],[$ Equivalent units of production,,EUP,,EUP,$],[$Cost per equivalent unit of production $($rounded to $2$ decimals$),$&$,,],[\backslash$table$[[$Cost Assignment$]]],[$Completed and transferred out,EUP,Cost per EUP,Total cost,,$],[$Direct materials$],[$Conversion$],[$Ending work in process,EUP,Cost per EUP,Total cost,,$],[$Direct materials$],[$Conversion$],[,,,,,],[$Total costs accounted for,,,,,$]]$

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Equivalent Units of Production $($EUP$)$

$\backslash$table$[[,$Units,Direct Materials,Conversion$],[,\%$ Complete,EUP,$\%$ Complete,EUP$],[,,,,,],[,,,,,],[$Equivalent Units of Production$],[$Cost per Equivalent Unit of Production,,,Direct Materials,,Conversion$],[,,,,,],[,,,,,],[$Total costs,,Costs,,Costs,$],[$ Equivalent units of production,,EUP,,EUP,$],[$Cost per equivalent unit of production $($rounded to $2$ decimals$),$&$,,],[\backslash$table$[[$Cost Assignment$]]],[$Completed and transferred out,EUP,Cost pe

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