Odlo Company produces large quantities of a standardiced product. The following information is available for the first production department for May. Prepare a production cost report for this process using the weighted average method (Round "Cost per EUP 2 decimal places.) Direct Percent Gate Per Complete Units 6,500 24.1 21.00 3.000 to Beginning work in process wentury Units started this period Completed and transferred out Ending work in processory egingo in process Leventory Direct teras Coro Costi dded this period Oireetteria 121 Nire Total costs to account for 14.30 OSLO COMPANY - First Department Production Costitor Weightedege Med For More Ended My Uncondition Uits to account for Total units to account Uued for Tots and for Mis of the Lighted method Masala CH Com Camel EUP Tal CA De Mars Com OSLO COMPANY-First Department Production Cost Report - Weighted Average Method For Month Ended May 31 Unit reconciliation: Units to account for Total units to account for Units accounted for: Total units accounted for Equivalent units of production (EUP)-weighted average method Direct Materials % Complete EUP Conversion % Complete FUP Units Total units Cost per equivalent unit of production Direct Materials Conversion Costs EUP Costs EUP EUP Cost per EUP Total cost Total costs -Equivalent units of production Cost per equivalent unit of production (rounded to 2 decimals) Cost Assignment Completed and transferred out Direct materials Conversion Total costs of completed and transferred out Ending work in process Direct materials Conversion Total cost of ending work in process Total costs accounted for EUP Total cost Cost per EUP $ 0.00 $ 0.00 su Chile Comorodu standardized product. The following is available for the test production dertiter for May prepare a odion cost report for this process using the weed average method. Round "Cost per EUP 2 decimal places waris PE C Beginning it ca 100 11. M. Tegninger 15. CH ret tatto CU COM Capture F tone U for Det scow La C EUR D 51924 Conversion Total costs to account for $958, 380 OSLO COMPANYFint Department Production Cost Report Weighted Average Method For Month Ended May 31 Unit reconciliation: Units to account for: Total units to account for Units accounted for Total units accounted for Equivalent units of production (EUP) weighted average method Direct Materials % Completo EUP Conversion % Complete EUP Units Total units Cost per equivalent unit of production Direct Materials Conversion Costs EUP Costs EUP 0 EUP Cost per EUP Total cost Total costs -Equivalent units of production Cost per equivalent unit of production (rounded to 2 decimals) Cost Assignment Completed and transferred out Direct materials Conversion Total costs of completed and transferred out Ending work in proces Direct materials Conversion Total cost of ending work in process Total costs accounted for EUP Total cost Cost per EUP 5 0.00 $ 0.00 Osis Company produces large quantities of a standard product. The folowing information is able for the first production department for May Prepare a production cost report for this processing the weighted average method (Round "Cost per CUP 2 decimal places) met with process theory Oststadt Completed transferred 20. 9.00 1,00 in prostory bir Cri costs Direct met Contrato . . . O LOCOWANY PA Uits to account Tocalitate account for Mails actuarted Testacco Com Com LUP SC Total Celo poco lectus Units to account for Total units to account for Units accounted for Total units accounted for Equivalent units of production (EUP) weighted average method Units Direct Materials Complete EUP Conversion % Complete EUP Total units Cost per equivalent unit of production Direct Materials Conversion Costs EUP Costs EUP 0 0 EUP Cost per EUP Total cost Total costs -Equivalent units of production Cost per equivalent unit of production (rounded to 2 decimals) Cost Assignment Completed and transferred out Direct materials Conversion Total costs of completed and transferred out Ending work in process Direct materials Conversion Total cost of ending work in process Total costs accounted for EUP Total cost Cost per EUP $ 0.00 $ 0.00 Oslo Company produces large quantities of a standardized product. The following information is available for the first production department for May. Prepare a production cost report for this process using the weighted average method. (Round "Cost per EUP" to 2 decimal places.) Direct Materials Conversion Percent percent Unita Complete Completa Heginning work in process inventory 6,500 Units started this period 24,500 Completed and transferred out 23,000 Ending work in process Inventory B,000 1000 JON Deginning work in process inventory Direct materiale $ 5,410 Conversion 12. 108 5 17,510 Costs added this period Direct materials 420,870 Conversion 519,992 940,862 Total coats to account for $ 98,380 OSLO COMPANY--First Department Production Cost Report - Weighted Average Method For Month Ended May 31 Unit reconciliation: Units to account for Total units to account for Units accounted for Total units accounted for Equivalent units of production (EUP)-weighted average method Total units accounted Tor Equivalent units of production (EUP). weighted average method Direct Materials % Complete Conversion % Complete EUP Units EUP Total units Cost per equivalent unit of production Direct Materials Conversion Costs EUP Costs EUP 0 EUP Cost per EUP Total cost Total costs - Equivalent units of production Cost per equivalent unit of production (rounded to 2 decimals) Cost Assignment Completed and transferred out Direct materials Conversion Total costs of completed and transferred out Ending work in process Direct materials Conversion Total cost of ending work in process Total costs accounted for EUP Total cost Cost per EUP $ 0.00 $ 0.00
