2) Bagger, Inc. uses a process costing system. The following operating and cost data occurred during October: 100% complete for materials for direct labor ($7,500) and overhead ($15,000) October 1,Inventory: 30,000 units ($60,000) and 50%% complete 100 % complete for materials and 30% complete for direct labor and overhead October 31, Inventory: 20,000 units 40,000 units Units started during Oct.: Direct materials $i 10,100 28,900 57,800 October production costs: Direct labor Overhead Materials are added at the beginning of the process. Direct labor and overhead are incurred evenly throughout the process. Prepare the October process cost summary assuming a. the weighted average method of inventory costing b. FIFO process costing