ort Valley Past Inc., uses the weighted average method for process costing. Valley produces oil products that pass through two sequential departments. All the materials are added at the beginning of the process while conversion costs are incurred evenly throughout the process. The work in process inventory for Department 1 at the beginning of March 2019 consisted of 12,000 gallons. There were beginning costs containing $135,000 of materials and $25,000 of Direct Labor and $10,000 of Manufacturing Overhead. During March 135,000 gallons were started in Department 1 and the costs during March were $1,235,000 for materials and $260,000 of conversion costs. The work in process at the end of March consisted of 16,000 gallons that were 35% complete. Make sure you use the Equivalent Units and Product Cost Report Weighted Average Method Template