# Question

Hi-Test Company uses the weighted-average method of process costing to assign production costs to its products. Information for September follows. Assume that all materials are added at the beginning of its production process, and that direct labor and factory overhead are added uniformly throughout the process.

Goods in process inventory, September 1 (2,000 units, 100% complete
with respect to direct materials, 80% complete with respect to direct labor
and overhead; includes \$ 45,000 of direct material cost,
\$ 25,600 in direct labor cost, \$ 30,720 overhead cost) . . . . . . . . . . . . . . . . . \$ 101,320
Units started in April . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 28,000
Units completed and transferred to finished goods inventory . . . . . . . . . . . 23,000
Goods in process inventory, September 30 (__?_ units, 100% complete
with respect to direct materials, 40% complete with respect to direct
labor and overhead) . . . . . . . . . . . . . . . . . . . . . . . . . ?
Costs incurred in September Direct materials . . . . . . . . . . . . . . . . . . . . . . . \$ 375,000
Direct labor . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . \$ 155,000
Overhead applied at 120% of direct labor cost . . . . . . . . . . . . . . . . . . . . . . ?

Required
Fill in the blanks labeled a through uu in the following process costsummary.

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