Labor and overhead Prepare a Process Cost Summary Report for Davidson for June using the weighted average metha B) Bagger, Inc. uses a process costing system. The following operating and cost data occurred d October 1, Inventory: 30,000 units 100% complete for materials |$60,000) and 50% complete for direct labor ($7,500) and overhead $15,000 tober 31, Inventory: 20,000 units 100% complete for materials and 30% complete for direct labor and overhead ts started during Oct.: 40,000 units ober production costs: Direct materials Direct labor Overhead $110,100 28,900 57,800 modes prepare the receber proces e os cromariye at Sunding the wenta ials are added at the beginning of the process. Direct labor and overhead are incurre ocess. Prepare the October process cost summary assuming the weighted average casts Charged to Production costs of beginning work in process Direct materials Conversion Casts 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 Materials Conversion Costs Equivalent Units of Production (EUP) Units completed and transferred out Units of ending Work in process Direct materials Conversion Costs Equivalent units of production Direct Materials Conversion Costs 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 osts of ending work in process Direct materials Conversion Costs al costs accounted for Labor and overhead Prepare a Process Cost Summary Report for Davidson for June using the weighted average metha B) Bagger, Inc. uses a process costing system. The following operating and cost data occurred d October 1, Inventory: 30,000 units 100% complete for materials |$60,000) and 50% complete for direct labor ($7,500) and overhead $15,000 tober 31, Inventory: 20,000 units 100% complete for materials and 30% complete for direct labor and overhead ts started during Oct.: 40,000 units ober production costs: Direct materials Direct labor Overhead $110,100 28,900 57,800 modes prepare the receber proces e os cromariye at Sunding the wenta ials are added at the beginning of the process. Direct labor and overhead are incurre ocess. Prepare the October process cost summary assuming the weighted average casts Charged to Production costs of beginning work in process Direct materials Conversion Casts 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 Materials Conversion Costs Equivalent Units of Production (EUP) Units completed and transferred out Units of ending Work in process Direct materials Conversion Costs Equivalent units of production Direct Materials Conversion Costs 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 osts of ending work in process Direct materials Conversion Costs al costs accounted for
