Fincher Farms uses process costing to account for the production of canned vegetables. Direct materials are added at the beginning of the process and conversion costs are incurred uniformly throughout the process. Beginning work in process is 30 percent complete; ending work in process is 40 percent complete. The following is an excerpt from the production report for Fincher Farms. Assume the company uses Weighted-Average Method. Required: Find the missing amounts. FINCHER FARMS Process Costing Production Report (Weighted-Average Method) For the Month Ended January 31, Current Year Physical Units Units to be accounted for Beginning work in process Started into production Total units Units accounted for Completed and transferred Ending work in process Total units 40,000 340,000 Equivalent Units Physical Units Direct Materials Conversion Cost 260,000 260,000 80,000 340,000 340,000 292,000