3rd Picture last column TOTAL

Because most of the parts for its irrigation systems are standard, Waterways handles the majority of its manufacturing as a process cost system. There are multiple process departments. Three of these departments are the Molding, Cutting, and Welding departments. All items eventually end up in the Packaging Department, which prepares items for sale in kits or individually. The following information is available for the Molding department for January. Work in process beginning: Units in process 20,400 Stage of completion for materials 80% Stage of completion for labor and overhead 30% Costs in work in process inventory: Materials $169,610 Labor 68,160 Overhead 17,450 Total costs in beginning work in process $255,220 Units started into production in January 59,800 Units completed and transferred in January 58,400 Costs added to production: Materials $248,269 Labor 272,062 Overhead 60,330 Total costs added into production in January $580,661 Work in process ending: Units in process 21,800 Stage of completion for materials 50% Stage of completion for labor and overhead 10% For the Month of January Equivalent Units Physical Units Conversion Costs Materials Quantities Units to be accounted for Work in process, Jan. 1 20,400 Started into production 59,800 Total units 80200 Units accounted for Transferred out 58,400 58,400 58,400 Work in process, Jan. 31 21,800 10900 2180 Total units 80200 69300 60580 Conversion Costs Costs Materials TC Unit costs Costs in January $ $ $ Equivalent units Unit costs $ $ $ Costs to be accounted for Work in process, Jan. 1 $ Started into production Total costs $ Cost Reconciliation Schedule Costs Started into production Total costs $ Cost Reconciliation Schedule A Costs accounted for Transferred $ out Work in process, Jan. 31 Materials Conversion costs Total costs $