value 375 polnts Problem 16-3A Weighted Average: Process cost summary, equivalent units LO C2, C3, P4 Fast Co. produces its product through a single processing department. Direct materials are added at the start of production, and conversion costs are added evenly throughout the process. The company uses monthly reporting periods for its weighted-average process costing system. The Work in Process Inventory account has a balance of $87,300 as of October 1, which consisted of $18,000 of direct materials and $69,300 of conversion costs. During the month the company incurred the following costs Direct materials Conversion $153,400 892,400 During October, the company started 143,000 units and transferred 153,000 units to finished goods. At the end of the month, the work in process inventory consisted of 2,200 units that were 80% complete with respect to conversion costs Required 1. Prepare the company's process cost summary for October using the weighted-average method. (Round "Cost per EUP" to 2 decimal places.) Total costs to account for 87.300