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 consists of $19,800 of direct materials and $73,500 of conversion costs.

During the month the company incurred the following costs:

Direct materials$182,050

Conversion1,015,960

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 24,500 units that were 80% complete with respect to conversion costs.

(required)

company's process cost summary for October using the weighted-average method

journal entry dated October 31 to transfer the cost of the completed units to finished goods inventory.

Prepare the company's process cost summary for October using the weighted-average method.(Round "Cost per EUP" to 2 decimal places.)

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