Because most of the parts for its irrigation systems are standard, Waterways handles the majority of its manufacturing as a processCosts

Materials

Conversion

Unit costs

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

Transferred out

Costs

Total

Costs in January Equivalent units

Unit costs

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 Malding department for January.

Work in process beginning:

Uhits in process

$21,600$

Stage of completion for materials

BCO

Stage of completion for comversian cost

$30\%$

Costs in work in process irwentory:

Units started into production in January

$59,900$

Units completed and transferred in January

$58,400$

Costs added to production:

Work in process ending:

Uhits in process

$23,100$

Stage of completion for materials

$50\%$

Stage of completion for corversian cost

$10\%$