Because most of the parts for its imigation 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. Units started into production in January 60,100 Units completed and transferred in January 58,100 Costs added to production: Materials Labor \begin{tabular}{lr} Overhead \\ Total costs added into production in January & $60,820 \\ \hline \end{tabular} Work in process ending: Units in process 24,900 Stage of completion for materials 50% Stage of completion for conversion cost 10% Prepare a production cost report for Waterways using the weighted-average method. (Round unit costs to 2 decimal ploces, es. 225. Corveraton coste Materlala Unitoosts Costs in Jamuary Equlvalentunits Unit costs Costs to be accounted for Workin process, Jan. 1 Started into production Total costs Cost Recondllatlon Schedule Costs accounted for Completed and transferred out Workin process, Jan. 31 Materlals Converslon costs Total costs