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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
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 Beginning work in process inventory Units started this period 5,000 Completed and transferred out 17,000 17,000 5,000 100% 35% 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 $ 3,830 8,058 282,120 348,992 Unit reconciliation: Units to account for: Total units to account for Units accounted for: $ 11,888. 631,112 $ 643,000 OSLO COMPANY-First Department Production Cost Report-Weighted Average Method For Month Ended May 31
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