ing Case 03 Chap 16 Question 1 of 1 44.83/100 Show the equivalent units for materials and conversion costs if Waterways used FIFO instead of weighted-average. Units accounted for Completed and transferred out Work in process, Jan. 1 Started and completed in Jan. Work in process, Jan. 31 Total units eTextbook and Media Save for Later Equivalent Units Physical Units Materials Conversion Attempts: 0 of 5 used Submit Answer Costing Continuing Case 03 Chap 16 Question 1 of 1 Current Attempt in Progress 44.8 Because most of the parts for its irrigation systems are standard, Waterways handles the majority of its manufa- cost system. There are multiple process departments. Three of these departments are the Molding, Cutting, and departments. All items eventually end up in the Packaging Department which prepares items for sale in kits or im The following information is available for the Molding department for January. Work in process beginning: Units in process Stage of completion for materials Stage of completion for conversion cost 23,600 80% 30% Costs in work in process inventory: Materials $168,260 Labor 67,760 Overhead 17,320 Total costs in beginning work in process $253,340 Units started into production in January 59,500 Units completed and transferred in January 57,700 Costs added to production: Costing Continuing Case 03 Chap 16 Question 1 of 1 Labor 67,760 Overhead 17,320 Total costs in beginning work in process $253,340 Units started into production in January 59,500 Units completed and transferred in January 57,700 Costs added to production: Materials $267,516 Labor 293,942 Overhead 60,730 Total costs added into production in January $622,188 Work in process ending: Units in process 25,400 Stage of completion for materials 50% Stage of completion for conversion cost 10% (a) Question 1 of 1 > 44.83/100 E Attempts: 5 of 5 us (b) Show the equivalent units for materials and conversion costs if Waterways used FIFO instead of weighted-average. Units accounted for Completed and transferred out Work in process, Jan. 11 Started and completed in Jan. Work in process, Jan. 31 Total units eTextbook and Media Save for Later Equivalent Units Physical Units Materials Conversion Attempts: 0 of 5 used Submit