Lilliputian Inc. produces dog food. All direct material is entered at the beginning of the process. Some shrinkage occurs during the production process, but management considers any shrinkage of less than 8 percent to be normal. October 2010 data are as follows:

Beginning WIP Inventory (45% complete as to conversion) .. 36,000 pounds

Started during the month .................120,000 pounds

Transferred to FG Inventory ...............126,000 pounds

Ending WIP Inventory (15% complete as to conversion) 21,600 pounds Loss ? pounds The following costs are associated with October productin:

Prepare an October 2010 cost of production report for Lilliputian Inc. using FIFO processcosting.

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Beginning WIP Inventory Material $14,000 0500$24,800 $39,060 33,912 Conversion Current period: Material Conversion 72,972 $97772 Total cost to account for