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Oslo Company produces large quantities of a standardized product. The following information is available for the first process in its production activities for May Units

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Oslo Company produces large quantities of a standardized product. The following information is available for the first process in its production activities for May 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 Costs 6,300 Beginning work in process inventory 23,500 Direct materials 7,600 Conversion Direct materials added 100% Direct Tabor added 40% Overhead applied (90% of direct labor) Total costs to account for Ending work in process Inventory $ 5,258 11,568 516,626 401,590 261,60 235,512 $915,600 599,112 Prepare a process cost summary report for this process using the weighted average method (Round "Cost per EUP" to 2 decimal ploces :)

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