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help me with question 2 Because most of the parts for its irrigation systems are standard, Waterways handles the majority of its manufacturing as a
help me with question 2
Because most of the parts for its irrigation systems are standard, Waterways handles the majority of its manufacturing as a process cost system. There aremultiple 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 avallable for the Molding department for January. Question 2 of 7 115 Unitsstarted into production in January 59,700 Units completed and teansferfed in January 57,800 Costs added to production: Materials Labor Overticad Total costs added into production in January Work in process ending: Units in process Stage of comptetion for materials Stage of completion for conversion cost $251,520 304,230 \begin{tabular}{r} 60,340 \\ $616,090 \\ \hline \end{tabular} Prepare a production cost report for Waterways using the weighted -average method. (Round unit costs to 2 decimal places, es. 225. Units accounted for Completed and transferred out Work in process, Jan. 31 Total units Conversion Costs Materials costs Unitcosts Total costs Equivalent units Unitcosts Costs to be accounted for Workin process, Jan. 1 startedinto production Totalcosts Cost Reconcil ation Schedule Costs accounted for Completed and transferred out Workin process, Jan. 31 Materials Conversion costs. Total costs Step by Step Solution
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