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 Package 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		22,000
Stage of completion for materials		80%
Stage of completion for labor and overhead		30%
Costs in work in process inventory:
Materials		$168,360
Labor		67,564
Overhead		17,270
Total costs in beginning work in process		$253,194
Units started into production in January		60,000
Units completed and transferred in January		58,000
Costs added to production:
Materials		$264,940
Labor		289,468
Overhead		60,578
Total costs added into production in January		$614,986
Work in process ending:
Units in process		24,000
Stage of completion for materials		50%
Stage of completion for labor and overhead		10% Show the equivalent units for materials and conversion costs if Waterways used FIFO instead of weighted-average.