Please answer both parts I will be sure to thumbs up :) also format in a similar fashion too pls

P1

P2

Exercise 3-16 (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 welghted average method. (Round "Cost per EUP" to 2 decimal places.) Direct Materials Conversion Percent Percent Units Complete complete Beginning work in process inventory 2,000 Units started this period 20, eee Completed and transferred out 18,888 Ending work in process inventory 4,880 100% 40% Beginning work in process inventory Direct materials $ 2,840 Conversion 8,400 $ 11, 240 Costs added this period Direct materials 158,200 Conversion 344,400 502,600 Total costs to account for $ 513,840 ELLIOTT COMPANY-First Department Production Cost Report - Weighted Average Method For Month Ended March 31 Unit Reconciliation: Units to account for: Total units to account for Units accounted for: Total units accounted for Equivalent Units of Production (EUP) Direct Materials % Complete EUP Conversion % Complete EUP Units Equivalent Units of Production Cost per Equivalent Unit of Production Direct Materials Conversion Costs Costs EUP EUP Cost per EUP Total cost Total costs + Equivalent units of production Cost per equivalent unit of production (rounded to 2 decimals) Cost Assignment Completed and transferred out EUP Direct materials Conversion Total costs of completed and transferred out Ending work in process EUP Direct materials Conversion Total cost of ending work in process Total costs accounted for Cost per EUP Total cost 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 welghted average method. (Round "Cost per EUP" to 2 decimal places.) Direct Materials conversion Percent Percent Complete complete Units 4,888 40,000 36, eee 8,000 100% 25% 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 $ 4,720 15, 264 $ 19,984 298,440 614,016 912,456 $ 932,440 ELLIOTT COMPANY-First Department Production Cost Report - Weighted Average Method For Month Ended March 31 Unit Reconciliation: Units to account for: Beginning work in process 4,000 Units started this period 40.000 Total units to account for 44.000 Units accounted for: Completed and transferred out 36.000 Ending work in process 8,000 Total units accounted for 44,000 Equivalent Units of Production (EUP) Direct Materials Units % Complete EUP Completed and transferred out 36.000 100% 36.000 Ending work in process 8.000 100% 8,000 Equivalent Units of Production 44.000 44.000 Cost per Equivalent Unit of Production Direct Materials Costs of beginning work in process S 4.720 Costs added this period 298,440 Total costs Costs S 303, 160 + - Equivalent units of production EUP Cost per equivalent unit of production (rounded to 2 decimals) 0 Cost Assignment Completed and transferred out EUP Cost per EUP Total cost Direct materials 36,000 Conversion 36.000 Total costs of completed and transferred out Ending work in process EUP Cost per EUP Total cost Direct materials 8,000 s Conversion S 0.00 Total cost of ending work in process Total costs accounted for Conversion % Complete EUP 100% 36.000 25% 2.000 38.000 Conversion S 15.264 614.016 Costs S 629,280 EUP 0 1 0.00