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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

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 23,000
Stage of completion for materials 80%
Stage of completion for labor and overhead 30%
Costs in work in process inventory:
Materials $169,100
Labor 67,890
Overhead 17,360
Total costs in beginning work in process $254,350
Units started into production in January 60,000
Units completed and transferred in January 57,500
Costs added to production:
Materials $263,640
Labor 292,815
Overhead 60,300
Total costs added into production in January $616,755
Work in process ending:
Units in process 25,500
Stage of completion for materials 50%
Stage of completion for labor and overhead 10%

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