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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

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.) Units Direct Materials Conversion Percent Complete Percent Complete Beginning work in process inventory 5,600 Units started this period 20,000 Completed and transferred out 19,400 Ending work in process inventory 6,200 100% 25% Beginning work in process inventory Direct materials $ 4,581 Conversion 9,678 $ 14,259 Costs added this period Direct materials 336,000 Conversion 417,392 753,392 Total costs to account for $ 767,651

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