Oslo Company produces large quantities of a standardized product. The following information is available for the first process in its production activities for May. Units Beginning work in process inventory Started Ending work in process inventory 4,400 14,000 3,800 Costs Beginning work in process inventory Direct materials Conversion $ 3,303 6,438 $ 9, 230, Status of ending work in process inventory Materials-Percent complete Conversion-Percent complete 147, 100% 25% Direct materials added Direct labor added Overhead applied (90% of direct labor) Total costs to account for 132, $520, $ 57, Ending work in process inventory Prepare a process cost summary report for this process using the weighted average method. (Round "Cost per EUP" to 2 decimal places.) otal costs to account for: Total costs to account for: $ 0 otal costs accounted for $ 0 Difference due to rounding cost/unit Jnit reconciliation: Units to account for: Total units to account for Total units accounted for: otal 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 Total costs Costs Costs EUP EUP 0 0 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 Cost per EUP Total cost Total costs transferred out Costs of ending work in process EUP Cost per EUP Total cost Direct materials $ 0.00 Conversion $ 0.00 Total cost of ending work in process Total costs accounted for Oslo Company produces large quantities of a standardized product. The following information is available for the first process in its production activities for May. Units Beginning work in process inventory Started Ending work in process inventory 4,400 14,000 3,800 Costs Beginning work in process inventory Direct materials Conversion Status of ending work in process inventory Materials-Percent complete Conversion-Percent complete Direct materials added 100% Direct labor added 25% Overhead applied (90% of direct labor) Total costs to account for Ending work in process inventory $ 3,303 6,438 $ 9,741 230,400 147,680 132,912 $520,733 $ 57,418