Exercise 16-17 (Algo) Weighted average: Production cost report LO P2 Oslo Company produces large quantities of a standardized product. The following information is available for the first production department for May. Prepare a production cost report for this process using the weighted average method. (Round "Cost per EUP" 2 decimal places.) OSLO COMPANY-First Department Production Cost Report - Weighted Average Method For Month Ended May 31 Unit reconciliation: Units to account for: Equivalent units of production (EUP) - weighted average mothod