Problem 20-9AA FIFO: Process cost summary, equivalent units, cost estimates LO C2, C3, C4, P4

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Dengo Co. manufactures a single product in one department. Direct labor and overhead are added evenly throughout the process, while direct materials are added at the beginning of the process. The company uses the FIFO method of process costing. During October, the company completed and transferred 26,000 units to finished goods inventory. Of the units completed, 4,900 were from beginning inventory and the remaining 21,100 were started and completed during the month. Beginning goods in process were 100% complete with respect to direct materials and 30% complete with respect to direct labor and overhead. The company has 4,300 units (100% complete with respect to direct materials and 70% complete with respect to direct labor and overhead) in process at month-end. Information on costs of beginning inventory and costs added during the month follows.

Cost		Raw Materials		Direct Labor		Overhead
Of beginning inventory	$	11,800	$	63,550	$	50,840
Added during the month		340,360		826,200		660,960

Problem 20-9A Part 1

Required:
1.	Prepare the companys process cost summary for October using the FIFO method. (Round "Cost per EUP" to 2 decimal places.)