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omprehensive Project Question 3 of 4 0.45/1 III Because most of the parts for its irrigation systems are standard, Waterways handles the majority of its

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omprehensive Project Question 3 of 4 0.45/1 III Because most of the parts for its irrigation systems are standard, Waterways handles the majority of its manufacturing as a process cost system. There are multiple 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 available for the Molding department for January 22.500 80% 30% Work in process beginning Units in process Stage of completion for materials Stage of completion for labor and overhead Costs in work in process inventory Materials Labor Overhead Total costs in beginning work in process $168.920 66,970 17.310 $253,200 59,500 58.500 Units started into production in January Units completed and transferred in January Costs added to production: Materials Labor Overhead Total costs added into production in January Work in process ending Units in process Stage of completion for materials Stage of completion for labor and overhead $270,845 287.465 60.290 $618.600 23,500 SOX 10% Question 3 of 4 0.4571 E WATERWAYS CORPORATION Molding Department Production Report For the Month of Jawary Equivalent Units Conversion Materials Costs Physical Units Quantities Units to be accounted for Work in process, Jan. 1 Started into production 33500 50500 Total units 12000 50500 58500 S500 Units accounted for Transferred out Work in process, Jan 31 23500 170 70950 0850 22000 Total units Conversion Costs Materials Costs Unit costs Question 3 of 4

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