Month of January Selected information for January is presented below. Note that the applied overhead rate was 50% of direct labor costs in the molding department. Molding Department Goods in-process as of January 1 were 3,100 figurines at a cost of $30,326.00. Of this amount, $4,526.00 was from raw materials added, $17,200.00 for labor and $8,600.00 for overhead. These 3,100 figurines were assumed to be 40.00% complete as to labor and overhead. During January, 21,500 units were started, $34,834.00 of materials and $57,260.00 of labor costs were incurred. The 4,500 figurines that were in-process at the end of January were assumed to be 40.00% complete to labor and overhead. All figurines in January passed inspection. January MOLDING Physical Flow of Units Work-in-Process - Beginning Units Started this Period Units to Account for Total transferred out Work-in-Process - Ending Total Accounted for {12.01} {12.02) Equivalent Units Material (Round to two places, ##.###.##) {12.03} Equivalent Units Conversion (Round to two places, ##.###.##) {12.04) Total cost of Material (Round to two places, ##.###.##) {12.05) Total cost of Conversion (Round to two places, ##.###.##) Total cost to account for (Round to two places, ##.###.##) {12.06) {12.07} Cost per equivalent unit of Material (Round to two places, ###.##) {12.08) Cost per equivalent unit of Conversion (Round to two places, ###.##) {12.09) Cost of the ending inventory, material and convesion (Round to two places, $###,###.## ) {12.10} Cost of the units transferred, material and convesion (Round to two places, $###.###.##) {12.11}