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 Units Complete Complete Beginning work in process inventory 4.700 Units started this period 15,500 Completed and transferred out 15,800 Ending work in process Inventory 4,400 1005 401 Beginning work in process inventory Direct materials $ 3,590 Conversion $ 10,838 Costs added this period Direct materials 255,990 Conversion 314,792 570,782 Total costs to account for $501,620 IS X OSLO COMPANY-First Department Production Cost Report - Weighted Average Method For Month Ended May 31 Unit reconciliation: Units to account for: Beginning work in process 4,700 Units started this period 15,500 Total units to account for 20.200 Units accounted for: Beginning work in process 4,700 Units started this period 15,500 Total units accounted for 20,200 Equivalent units of production (EUP) - weighted average method Direct Materials Units Complete EUP Completed and transferred out 15,800 100% 15 800 Ending work in process 4,400 100% 4,400 Equivalent Units of Production 20,200 20,200 Direct Cost per equivalent unit of production Materials $ Costs of beginning work in process 3,590 Costs added this period 255,990 Total costs Costs $ 259,580 EUP - Equivalent units of production 18 5 259,580.00 Cost per equivalent unit of production (rounded to 2 decimals) O Conversion % Complete EUP 100% 15,800 -40% 1,760 17,560 Conversion 10.838 570,782 Costa S 581,620 EUP 1% $ 581.620.00 10.UU Total units accounted for 20,200 Equivalent units of production (EUP) - weighted average method Units 15,800 4,400 20.200 Conversion % Completo EUP 100% 15,800 40% 1.760 17,560 Completed and transferred out Ending work in process Equivalent Units of Production Cost per equivalent unit of production Costs of beginning work in process Costs added this period Total costs - Equivalent units of production Cost per equivalent unit of production (rounded to 2 decimals) Cont Assignment Completed and transferred out Direct materials Conversion Direct Materials % Complete EUP 100% 15,800 100% 4.400 20,200 Direct Materials S 3,590 255,990 Costs S 259,580 EUP Conversion 10,838 570,782 581,620 S Costs EUP 1 s 259,580.00 S 581.620.00 EUP Total cost 15,800 Cost per EUP $ 5.00 $ $ 9.00 79,000 142.200 15,800 S 221,200 EUP Cost per Ending work in process Direct materials Conversion EUP 5.00 S 4,000 1,200 $ Total cost 20.000 10.100 9.00 30.800 252,000 S Total costs accounted for Rated into one was expected in our based on correct PGO