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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

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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 Complete Complete Units 4,200 13,000 13,880 3,400 1099 35% Beginning work in process inventory Units started this period Completed and transferred out Ending work in process inventory Beginning work in process inventory Direct materials Conversion Costs added this period Direct materials Conversion Total costs to account for $ 3,064 5,898 $ 8,962 213,640 257,792 471,432 $ 480, 394 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 to account for Units accounted for: Total units accounted for Equivalent units of production (EUP) - weighted average method Direct Materials % Complete EUP Conversion % Complete EUP Units Equivalent Units of Production Cost por equivalent unit of production Direct Materials Conversion Total costs Costs EUP Costs EUP + Equivalent units of production Cost per equivalent unit of production (rounded to 2 decimals) Cost Assignment Completed and transferred out Direct materials Conversion EUP Cost per EUP Total cost EUP Cost per EUP Total cost Ending work in process Direct materials Conversion Total costs accounted for

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