Calculate Equivalent Units, Unit Costs, and Transferred CostsWeighted Average Method

Canfield Manufacturing, Inc., operates a plant that produces its own regionally-marketed Spicy Steak Sauce. The sauce is produced in two processes, blending and bottling. In the Blending Department, all materials are added at the start of the process, and labor and overhead are incurred evenly throughout the process. Canfield uses the weighted average method. The following data from the Work in ProcessBlending Department account for January 2019 is missing a few items:

Work in Process-Blending Department
January 1 inventory (5,000 gallons, 60% processed)
Direct material	$12,000
Conversion costs	5,900
Transferred to Bottling Department (60,000 gallons)
January charges:
Direct material (61,000 gallons)	153,000
Direct labor	73,600
Manufacturing overhead	42,480
January 31 inventory [ ? gallons, 70% processed]

Required

Assuming Canfield uses the weighted average method in process costing, calculate the following amounts for the Blending Department:

Number of units in the January 31 inventory.

Equivalent units for materials and conversion costs.

January cost per equivalent unit for materials and conversion costs.

Cost of the units transferred to the Bottling Department.

Cost of the incomplete units in the January 31 inventory.

Round average cost per equivalent unit to two decimal places. Use rounded answers for subsequent calculations. Round other answers to the nearest whole number.