3 Exercise 16-16 Weighted average: Process cost summary LO C3 Eliott Comparny produces large quantnies of a standardized product. The following information is available for its production activibies for March 1,000 Beginning vork in process Snventory Beginning work ih peocess inventory Ending work in process invencory tatus of ending work in proceas inrentory s 7,920 3-720 a,000 Conversion 26, 640 273, 400 974, 520 25% overhead applied (140 of dreet labor) Ending work in proceaa inteatory Prepare a process cost summary report for this company, showing costs charged to production, unit cost information, equivalent units of production, cost per EUP, and is cost assignment and reconciliation. Use the weighted-average method. (Round "Cost per EUP to References2 decimal places. Total costs accounted for Diference due to rounding costlunt Units to account for Total units to account for Total units accounted for C Prev 3 of 9 Next>