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 Wclding departments. All items eventually end up in the Pckaging Department which prepares items for sale in kits or individually. The following information is available for the Molding department for January. Question 2 of 8 UnitsstartedintoproductioninJanuaryUnitscompletedandtransferredinJanuary60,10057,900 Costs added to production: Materials Labor Overhead Total costs added into production in January Work in process ending: Units in process Stage of completion for materials Stage of completion for conversion cost $271,482 293,678 60,270 $625,430 22,600 50% 10% Prepare a production cost report for Waterways using the weighted-average method. (Round unit costs to 2 decimal places, eg. 2.25.) Question 2 of 8 -13 i 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 accounted for Completed and transferred out Work in process, Jan 31 Cost Reconciliation Schedule Costs accounted for Completed and transferred out Work in process, Jan. 31 Materials Coinversion costs Total costs Question 2 of 8 13 Question 2 of 8 13 Conversion costs Total $ $ 5 $ s 5