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.

Costs in work in process inventory:

Units started into production in January $,59,800$

Units completed and transferred in January $,58,300$

Costs added to production:

Work in process ending:

$($a$)$

Prepare a production cost report for Waterways using the weighted$-$average method. $($Round unit costs to $2$

decimal places, e$.$g$.2\mathrm{.}25.)$

WATERWAYS CORPORATION

Molding Department Production Report