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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.) Direet Materials Conversion Percent Percent Units Beginning work in process inventory Complete Complete 6,300 Units started this period 23,500 Completed and transferred out 22,200 Ending work in process Inventory 7,600 1000 408 Beginning work in process inventory Direct materials $ 5,258 Conversion 11,568 $ 16,826 Costs added this period Direct materials 401,390 Conversion 492, 192 898, 202 Total costs to account for $ 915,608 OSLO COMPANY--First Department Production Cost Report - Weighted Average Mothod 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 to account for Units accounted for: Total units accounted for Equivalent units of production (EUP)- weighted average method Direct Materials % Complete EUP Units Conversion % Complete EUP 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 Cost per EUP Total cost

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