Question: Erin Co. uses the process cost system. The following data, taken from the organization's books, reflect the results of manufacturing operations during October: Required: Prepare

Erin Co. uses the process cost system. The following data, taken from the organization's books, reflect the results of manufacturing operations during October:

Required:
Prepare a cost of production summary for October.

Production Costs Work in process, beginning of period Factory overhead1.000 $ 5,900 Costs incurred during month: Labor 7.500 Total $29,400 Finished and transferred to stockroom during month.........13,000

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