Husky Ltd. manufactures toys using a continuous production process that flows through two departments: Forming and Finishing. In the forming department, various components are built and are transferred to the finishing department. In the finishing department, those components are assembled into Huskys final product and once finished, are transferred to Huskys Finished Goods Inventory. Husky uses the FIFO method of accounting for costs. In the Forming Department, Direct Materials are added at the start of the process, inspection occurs at the end of the process. For the Forming Department, spoilage of up to 3% of Good Units Completed is considered normal. Any amount of spoilage greater than that should be considered abnormal. In the Finishing Department, inspection takes place when 40% of conversion is complete. Direct materials are added at 45% of conversion. In the finishing department, spoilage of up to 2% of good units completed is considered normal. Any amount of spoilage greater than that should be considered abnormal.

Additional information follows:

	Forming Department
	Physical Units	Direct Materials	Conversion
Work in Process January 1	25,000	$ 37,500	$ 9,000
Degree of Completion in beginning WIP		100%	50%
Units Started in January	225,000
Good Units Transferred Out	235,000
Work In Process January 31	12,000
Degree of Completion in Ending WIP		100%	60%
Costs added in January		$ 324,000	$ 174,525

		Finishing Department
	Physical Units	Transferred In	Direct Materials	Conversion
Work in Process January 1	36,000	$ 79,920	$ 3,600	$ 46,800
Degree of Completion in beginning WIP		??	??	65%
Units Transferred in from Forming in January	??
Good Units Transferred Out	240,000
Work In Process January 31	20,000
Degree of Completion in Ending WIP		??	??	35%
Costs added in January		??	$ 22,440	$ 467,400

Required:

Complete a Cost of Production Worksheet for both the Forming Department and the Finishing Department for the Month of January.