Company for the month of January: Percentage Units Complete Costs Beginning WIP inventory, January 15000 Direct materials 5090 7450 6000 54 onversion costs Units started during January 20000 osts incurred dg January Direct materials 14000 13300 onversion costs Ending WIP inventory, January 31 5000 Direct materials 60% onversion costs 80% Use weighted-average process costing to prepare a production cost report and show the flow of costs through the WIP inventory T-account