Oslo Company produces large quantities of a standardized product. The following information is available for the first process in its production activities for May. $ 5,058 11,298 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 6,200 Beginning work in process inventory 23,000 Direct materials 7,400 Conversion Direet materials added 1001 Direet labor added 356 Overhead applied (908 of direct labor) Total costs to account for Ending work in process inventory Prepare a process cost summary report for this process using the weighted average method. (Round "Cost per EUP" to 2 decimal places.) $ Total costs to account for: Costs of beginning work in process 16,356 Costs incurred this period Total costs to account for: $ 16,356 Total costs accounted for Difference due to rounding cost/unit $ 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 Units completed and transferred out %N % Materials EUP-Materials % Conversion EUP. Conversion Materials Conversion Equivalent units of production (EUP)-weighted average method Units 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 + 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 Costs EUP Costs EUP 0 Cost per EUP Total cost Cost per EUP Total cost EUP Cost per EUP Total cost Total costs accounted for: Cost of units transferred out: Direct materials Conversion Total costs transferred out Costs of ending work in process Direct materials Conversion Total cost of ending work in process Total costs accounted for EUP Total cost Cost per EUP $ 0.00 $ 0.00 200 000 100 Costs Beginning work in process inventory Direct materials Conversion Direct materials added 1008 Direct labor added 358 Overhead applied (90% of direct labor) Total costs to account for Ending work in process inventory $ 5,058 11,298 $ 16,356 392,040 255, 680 230,112 $894,188 $ 96,099 the weighted-average method. (Round "Cost per EUP" to 2