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 6,500 Units started this period 24,500 Completed and transferred out 23,000 Ending work in process inventory 8,000 100 30$ Beginning work in process inventory Direct materials $ 5,410 Conversion 12, 108 $ 17,518 Costs added this period Direct materials 420,870 Conversion 519,992 940,862 Total costs to account for $ 958, 380 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 accounted for Equivalent units of production (EUP) - weighted average method Direct Materials % Complete EUP Conversion % Complete EUP Units Equivalent Units of Production Cost per equivalent unit of production Direct Materials Conversion Costs EUP Costs EUP Total costs - Equivalent units of production Cost per equivalent unit of production (rounded to 2 decimals) Cost Assignment Completed and transferred out Direct materials EUP Cost per EUP Total cost 12, 108 $ 17,518 Conversion Costs added this period Direct materials Conversion Total costs to account for 420,870 519,992 940,862 $ 958, 380 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 accounted for Equivalent units of production (EUP) - weighted average method Direct Materials % Completo EUP Conversion % Completo EUP Units Equivalent Units of Production Cost per equivalent unit of production Direct Materials Conversion Costs EUP Costs EUP 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 EUP Cost per EUP Total cost EUP Cost per EUP Total cost Ending work in process Direct materials Conversion Total costs accounted for