Complete Corporation manufactures water skis through two processes: Molding and Packaging. In the Molding Department fiberglass is heated and shaped into the form of a ski. In the Packaging Department, the skis are placed in cartons and sent to the finished goods warehouse. Materials are entered at the beginning of both processes. Labor and manufacturing overhead are incurred uniformly throughout each process. Production and cost data for the Molding Department for January are presented below.

Production Data January Beginning work in process units 0- Units started into production 50,000 Ending work in process units 10,000 Percent complete-ending inventory 40% Cost Data Materials $555,000 Labor 100,000 Overhead 131,000 Total $786,000