Question: please help me with this and make sure numbers are calculated correctly. Accounting is easy to mess up often for most ppl. i already sent

please help me with this and make sure numbers are calculated correctly. Accounting is easy to mess up often for most ppl.  please help me with this and make sure numbers are calculated
correctly. Accounting is easy to mess up often for most ppl. i
i already sent everything! there not any mkre information. if you cant do it can i be refunded my question?

Elliott Company produces large quantities of a standardized product. The following information is available for the first process in its production activities for March. 500 5,000 1,000 Costs Beginning work in process inventory Direct materials Conversion 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 Direct materials added 100% Direct labor added 304 Overhead applied (1404 of direct labor) Total costs to account for Ending work in process inventory $ 505 2,052 $ 2,557 33,595 31,785 44,499 $112,436 $ 11,896 Prepare a process cost summary report for this process using the weighted-average method (Round "Cost per EUP" to 2 decimal places.) $ 0 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 cost/unit Unit Reconciliation: Units to account for: Beginning work in process inventory $ 0 Total units to account for Total units accounted for: Total units accounted for Total units accounted for Equivalent Units of Production (EUP). Weighted Average Method Units Units completed and transferred out % Materials EUP-Materials % Conversion EUP-Conversion Total units Cost per Equivalent Unit of Production Cost of beginning work in process Materials Conversion Total costs - Equivalent units of production Contoer nou valent unit of Oroduction frounded to 2 decimals Costs EUP Costs EUP $ 0 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: Beginning work in process inventory $ 0 Total units to account for Total units accounted for: Total units accounted for Total units accounted for Equivalent Units of Production (EUP)-Weighted Average Method Units Units completed and transferred out % Materials EUP-Materials % Conversion EUP-Conversion Total units Cost per Equivalent Unit of Production Cost of beginning work in process Materials Conversion Costs EUP Costs EUP 0 0 Cost per EUP Total cost Total costs + Equivalent units of production Cost per equivalent unit of production (rounded to 2 decimals) Total Costs Accounted for: Cost of units transferred out: EUP Direct materials Conversion Total costs transferred out Costs of ending work in process EUP Direct materials Conversion Total cost of ending work in process Total costs accounted for Total cost Cost per EUP $ 0.00 $ 0.00

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!