Oslo Company produces large quantities of a standardized product. The following information is available for the first process in its production activities for May 4,000 12,000 3,000 Costs Beginning work in process Inventory Direct materials Conversion $ 2,880 5,258 Units Beginning work in process inventory Started Ending work in process inventory Status of ending work in process inventory Materials-Percent complete Conversion Percent complete Direct materials added 100% Direct labor added 25% Overhead applied (90% of direct labor) Total costs to account for Ending work in process inventory $8,238 197,120 123,680 111,312 5.440,350 $ 50, 610 Prepare a process cost summary report for this process using the weighted average method (Round "Cost per EUP" to 2 decimal places.) Prepare a process cost summary report for this process using the weighted average method (Round "Cost per EUP" to 2 decimal places.) Answer is not complete. EUP-Materials % Conversion EUP Conversion Total costs to account for: Costs of beginning work in process 11,198 Costs incurred this period 557 277 Total costs to account for $ 568 475 Total costs accounted for Difference due to rounding costunit $ 0 Unit reconciliation: Units to account for: Beginning work in process inventory Units started this period Total units to account for Total units accounted for Units completed and transferred out Ending work in process Total units accounted for Equivalent units of production (EUP)-weighted average method Units % Materials Units completed and transferred out Ending work in process Total units Cost per equivalent unit of production Cost of beginning work in process Costs incurred this period Total costs Costs - Equivalent units of production EUR Cost per equivalent unit of production (rounded to 2 decimals) Total costs accounted for Cost of units transferred out EUP Cost per EUP Direct materials Conversion Total costs transferred out Costs of ending work in process EUP EUP Dired material $ 0.00 Conversion 000 Total cost of ending work in process Total costs accounted for Materials Conversion Costs EUP 0 0 Total cost Cost per Total cost 0 0