Oslo Company produces large quantities of a standardized product. The following information is available for the first process in its production activities for May. Costs 4,800 Beginning work in process inventory 16,000 Direct materials 4,690 Conversion $ 3,611 7.518 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 (90x of direct labor) Total costs to account for Ending work in process inventory $ 11, 129 254,640 171,680 154,512 $601, 960 $ 65, 335 Prepare a process cost summary report for this process using the weighted average method. (Round "Cost per EUP" to 2 decimal places.) $ 11 129 $ 11 129 $ 0 Total costs to account for: Costs of beginning work in process Costs incurred this period Total costs to account for Total costs accounted for Difference due to tounding costunut Unit reconciliation Units to account for: Beginning work in process inventory Units started this period Total units to account for Total units accounted for: Total units accounted for Equivalent units of production (EUP): weighted average method Units Materials EUP. Materials * Conversion EUP- Conversion Chapter 16 Assignment w 2 Units to account for: Beginning work in process inventory Units started this period Total units to account for Total units accounted for 7.5 points eBook % Materials EUP. Materials % Conversion EUP. Conversion Hint Print Materials Conversion Heferences Costs EUP Costs EUP Total units accounted for Equivalent units of production (EUP) weighted average method Units Units completed and transferred out Ending work in process Total units Cast per equivalent unit of production Cost of beginning work in process Costs incurred this period Total costs Equivalent units of production Cost per equivalent unit of production (rounded to 2 decimals) Total costs accounted for: Cost of units transferred out EUP Direct materials Conversion Total costs transferred out Costs of ending work in process EUP Direct materials Conversion Total cost of ending work in process Total costs accounted for 0 0 Cost per EUP Total cost Total cost Cost per EUP $ 0.00 $ 000