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Ogden Co. manufactures a single product in one department. All direct materials are added at the beginning of the manufacturing process. Direct labor and overhead are added evenly throughout the process. The company uses monthly reporting periods for its weighted-average process cost accounting. During October, the company completed and transferred 22,400 units of product to finished goods inventory. Its 4,200 units of beginning goods in process consisted of $19,500 of direct materials, $151,300 of direct labor, and $102,140 of factory overhead. It has 3,000 units (100% complete with respect to direct materials and 60% complete with respect to direct labor and overhead) in process at month-end. After entries to record direct materials, direct labor, and overhead for October, the companys Goods in Process Inventory account follows.

	Goods in Process Inventory			Acct. No.133
Date	Explanation	Debit	Credit	Balance
Oct. 1	Balance			272,940
31	Direct materials	505,500		778,440
31	Direct labor	1,297,300		2,075,740
31	Applied overhead	988,440		3,064,180

28.

Required information

1.

Prepare the companys process cost summary for October using the weighted-average method. (Due to rounding of cost per unit, the total costs accounted for in the cost summary may not equal to sum of all the costs given in the problem. Round your cost per EUP answers to 2 decimal places and consider the same in the other calculations. Round other answers to the nearest dollar amount. Omit the "$" sign in your response.)

OGDEN CO.
Process Cost Summary
For Month Ended October 31
Costs Charged to Production
Costs of beginning goods in process
(Click to select)Direct laborIndirect materialsDirect materialsFactory overheadIndirect labor	$
(Click to select)Indirect laborFactory overheadDirect laborIndirect materialsDirect materials
(Click to select)Direct materialsFactory overheadIndirect materialsDirect laborIndirect labor
		$
Costs incurred this period
(Click to select)Indirect laborDirect laborFactory overheadIndirect materialsDirect materials	$
(Click to select)Direct materialsDirect laborIndirect materialsFactory overheadIndirect labor
(Click to select)Direct laborFactory overheadIndirect materialsIndirect laborDirect materials
Total costs to account for		$

Unit cost information
Units to account for		Units accounted for
(Click to select)Ending goods in processUnits started this periodDirect laborBeginning goods in processCompleted & transferred out		(Click to select)Ending goods in processCompleted & transferred outUnits started this periodDirect laborBeginning goods in process
(Click to select)Beginning goods in processCompleted & transferred outEnding goods in processUnits started this periodDirect labor		(Click to select)Units started this periodBeginning goods in processCompleted & transferred outDirect laborEnding goods in process
Total units to account for		Total units accounted for

Equivalent units of production	Direct Materials	Direct Labor	Factory Overhead
(Click to select)Units completed & transferred outDirect LaborBeginning goods in processEnding goods in processIndirect labor	EUP	EUP	EUP
(Click to select)Direct laborUnits of ending goods in processBeginning goods in processDirect materialsUnits of beginning goods in process	EUP	EUP	EUP
Equivalent units of production	EUP	EUP	EUP

Cost per EUP	Direct Materials	Direct Labor	Factory Overhead
(Click to select)Cost of ending goods in processUnits of ending goods in processFactory overheadCost of beginning goods in processUnits of beginning goods in process	$	$	$
(Click to select)Units of beginning goods in processUnits of ending goods in processDirect materialsCosts incurred this periodIndirect materials
Total costs	$	$	$
(Click to select)Direct laborUnits of beginning goods in processUnits started this periodEquivalent units of productionUnits of ending goods in process	EUP	EUP	EUP
Cost per EUP	$ per EUP	$ per EUP	$ per EUP

Cost assignment and reconciliation
Costs transferred out
(Click to select)Indirect laborDirect materialsIndirect materialsFactory overheadDirect labor	$
(Click to select)Factory overheadIndirect materialsIndirect laborDirect materialsDirect labor
(Click to select)Direct materialsDirect laborIndirect laborIndirect materialsFactory overhead
		$
Costs of ending goods in process
(Click to select)Indirect laborFactory overheadIndirect materialsDirect laborDirect materials	$
(Click to select)Direct laborIndirect materialsFactory overheadDirect materialsIndirect labor
(Click to select)Direct materialsIndirect materialsDirect laborFactory overheadIndirect labor
Total costs to account for		$

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