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Because most of the parts for its irrigation systems are standard. Waterways handles the majority of its mamufacturing as a process cost system There are
Because most of the parts for its irrigation systems are standard. Waterways handles the majority of its mamufacturing as a process cost system There are multiple process departments. Three of these departments are the Molding, Cutting, and Wolding 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. \begin{tabular}{|c|c|} \hline Materials: & $167,120 \\ \hline Labor & 67,040 \\ \hline Overhead & 17,240 \\ \hline Total costs in beginning work in process & $251,400 \\ \hline Units started into production in January & 60,300 \\ \hline Units completed and transferred in January & 58,400 \\ \hline Costs added to production: & \\ \hline Materials & $269,188 \\ \hline Labor & 298,872 \\ \hline Overhead & 60,980 \\ \hline Total costs added into production in January & $629,040 \\ \hline Work in process ending: & \\ \hline Units in process & 24,400 \\ \hline Stage of completion for materials & 50% \\ \hline Stage of completion for conversion cost & 10x \\ \hline \end{tabular} Prepare a production cost report for Waterways using the welphited-merage method, (Round unit costs to 2 decimal places, 5g. 225J Costs Unit costs Total costs Equivalent units Unitcosts Costs to bet Accounted for Workin process, Jan 1 Started into production. suppost Cost Reconcibion Cost Reconciliation Schedule Costs accounted for Completed 'and transferied out Workin process, Jan 31 Materials Coriversion costs Totalcosts Swetor Liter Attemptsio of 2 used SUPPORT
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