Am I on the right track? I'm off on some of the totals, I think

Fast Co. produces its product through a single processing department. Direct materials are added at the start of production, and conversion costs are added evenly throughout the process. The company uses monthly reporting periods for its weighted-average process costing system. The Work in Process Inventory account has a balance of $93,300 as of October 1, which consisted of $19,800 of direct materials and $73,500 of conversion costs.

During the month the company incurred the following costs:

Direct materials = $171,400

Conversion 952,400

During October, the company started 149,000 units and transferred 159,000 units to finished goods. At the end of the month, the work in process inventory consisted of 23,600 units that were 80% complete with respect to conversion costs.

Prepare the journal entry dates October 31 to transfer the cost of the completed units to finished goods inventory

Date Journal Entry

Oct 31 Debit Finished goods

Credit Work in process inventory

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: Required Prepare the compary's process cost summary for October using the weighted-average method (Round "Cost per EUP" to 2 decimal places.) 93,300 171,400 264,700 1,248,984 (984,284) Beginning work in process inventory -units Units completed and transferred out Total units to account for 149,000 33,600 182,600 Total units accounted for: Units completed and transferred out Ending work in process- units 159,000 23,600 182,600 Total units accounted for Equivalent units of production (EUP)- weighted average method EUP Units % Materials EUP-Materials % Conversion 100% 80% Conversi Units completed and transferred out Ending work in process units Total units Cost per equivalent unit of production Costs incurred this period Cost of beginning work in process Total costs 159,000 23,600 182,600 159,000 23,600 182,600 159,000 18,880 177,880 100% 100% Materials Conversion 171,400 952,400 73,500 95,000 Costs S 1,025,900 177,880 5.77 23,600 CostsS Equivalent units of production Cost per equivalent unit of production (rounded to 2 decimals) Total costs accounted for: Cost of units transferred out EUP 182,600 EUP 1.07 Cost perTotal cost EUP EUP 59,000S 59,000S Direct materials 1.07 S 170,130 Conversion 917,430 Total costs transferred out S 1,087,560 Cost perTotal cost Costs of ending work in procests EUP EUP Direct materials 23,600 S 1.07 25,252 Conversion 23,600 S 136,172 Total cost of ending work in process 161,424 Total costs accounted for S 1,248,984