Ellott 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 Costs 4,000 Beginning work in process inventory 40,000 Direct materials Ending work in process inventory 8,000 Status of ending work in process inventory Materials-Percent complete Conversion-Percent complete Conversion Direct materials added 100% Direct labor added $ 5,080 16,320 $ 21,400 272,120 253,160 35% Overhead applied (140% of direct labor) 354,424 Total costs to account for Ending work in process $901,104 inventory $95,424 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 process 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: Total units to account for Total units accounted for: Total units accounted for Equivalent Units of Production (EUP)-Weighted Average Method Units % Materials EUP- Total units Cost per Equivalent Unit of Production EUP. Materials Conversion Conversion Materials Total costs Equivalent units of production Costs EUP Cost per equivalent unit of production (rounded to 2 decimals) Total Costs Accounted for Cost of units transferred out 0 EUP Cost per EUP Total cost Direct materials Conversion Total costs transferred out Costs of ending work in process Direct materials Conversion Total cost of ending work in process Total costs accounted for EUP Cost per EUP Total cost S 0.00 S 0.00 Costs EUP Conversion