Question: ints eBook Exercise 16-16 (Algo) Weighted average: Production cost report LO P2 Elliott Company produces large quantities of a standardized product. The following information


ints eBook Exercise 16-16 (Algo) Weighted average: Production cost report LO P2 Elliott Company produces large quantities of a standardized product. The following information is available for its first production department for March. Prepare a production cost report for this department using the weighted average method. (Round "Cost per EUP" to 2 decimal places.) Hint References Beginning work in process inventory Units started this period Completed and transferred out Ending work in process inventory Beginning work in process inventory Direct materials Conversion Costs added this period Direct materials Conversion Total costs to account for Direct Materials Conversion Percent Percent Complete Complete Units 2,000 20,000 18,000 4,000 100% 40% $ 2,840 8,400 $ 11,240 158,200 344,400 502,600 $ 513,840
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