Ry work Oslo Company produces large quantities of a standardized product. The following information is available for the first process in its production activities for May 40 points Book 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 $ 3,590 7.248 Beforences Costs 4.700 Beginning work in process inventory 15,500 Direct materials 4,400 Conversion Direct materials added 1001 Direct labor added 404 Overhead applied (908 of direct labor) Total costs to account for Ending work in process inventory 25 16 $58 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 Costs incurred this period Total costs to account for Total costs accounted for Difference due to rounding costunit Unit reconciliation Units to account for 10838 255,990 206.828 5 $ 0 M CO & Exit Submit Prepare a process cost summary report for this process using the weighted average method. (Round "Cost per EUP" to 2 decimal places.) Check my work 40 points eBook References 32 Total costs to account for: Costs of beginning work in process $ 10,838 Costs incurred this period 255,990 Total costs to account for: $ 266,828 Total costs accounted for 1,032,875 Difference due to rounding costunit $ (766,047) Unit reconciliation: Units to account for: Beginning work in process inventory Units started this period 15.500 Total units to account for 20.200 Total units accounted for: Units completed and transferred out 15,800 Ending work in process 4.400 Total units accounted for 20,200 Equivalent units of production (EUP). weighted average method Units Units completed and transferred out 15,800 Ending work in process 4.400 Total units 20.200 4,700 % Materials 100% 100% EUP. Materials 15,800 4.400 20.200 % Conversion 100% 40% EUP. Conversion 15,800 1,760 17,560