Cost of production summary, one department; beginning work in process LO₅ George Company uses the process cost system. The following data, taken from the organization's books, reflect the results of manufacturing operations during the month of October:

Required:
Prepare a cost of production summary for October.

Transcribed Image Text:

Work in process, beginning of period: Materials Labor. Factory overhead. Costs incurred during month: Materials Labor... Factory overhead. Total.. Production Report Production Costs $ 2,600 2.300 1,000 $ 5,900 Finished and transferred to stockroom during month Work in process, end of period, one-half completed $10,000 7,500 6,000 23,500 $29,400 Units 13,000 2,000