Deyyer, Inc. Uses a process cosung System. The Irry - October 1, Inventory: 30,000 units 100% complete for materials |($60,000) and 50% complete for direct labor ($7,500) and overhead ($15,000) 5) October 31, Inventory: 20,000 units 100% complete for materials and 30% complete for direct labor and overhead Units started during Oct.: 40,000 units 6) October production costs: Direct materials Direct labor Overhead $110,100 28,900 57,800 Materials are added at the beginning of the process. Direct labor and overhead are incurred evenly throughou the process. Prepare the October process cost summary assuming the weighted average method of inventory costing. Costs Charged to Production Costs of beginning work in process Direct materials Conversion Costs incurred this period Direct materials Conversion Total costs to account for Unit Cost Information Units to account for: Beginning work in process Units started this period Total units to account for Units accounted for: Completed and transferred out Ending Work in Process Total units accounted for Direct Conversion Costs Materials Equivalent Units of Production (EUP) Units completed and transferred out Units of ending Work in process Direct materials Conversion Costs Equivalent units of production Conversion Costs Direct Materials Cost per EUP Cost of beginning work in process Costs incurred this period Total costs EUP Cost per EUP Cost Assignment and Reconciliation Costs transferred out (cost of goods manufactured) Direct materials Conversion Costs Costs of ending work in process Direct materials Conversion Costs Total costs accounted for