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card. Waterways handles the majority of its manufacturing as a proce 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 Work in process beginning Units in process 20,000 Stage of completion for materials BOX 30% Stage of completion for labor and overhead Costs in work in process inventory Materials $168.530 Labor 67.640 Overhead 17,120 Total costs in beginning work in process $253.290 59,600 57,900 Units started into production in January Units completed and transferred in January Costs added to production Materials $267.345 Labor 280,597 Overhead 61.140 Total costs added into production in January 5609,082 Work in process ending Units in process 21.700 Stage of completion for materials SON Stage of completion for labor and overhead 10 Prepare a production cost report for Waterways using the weighted average method (Round unit costs to 2 decimals, 2.25) WATERWAYS CORPORATION Molding Department Production Report For the harry Physical Units Equivalent Units Conversion Costa Cantes Materials Prepare a production cost report for Waterways using the weighted average method (Round unit costs to 2 decimal places, es, 2.25.) WATERWAYS CORPORATION Molding Department Production Report For the Month of January Equivalent Units Quantities Physical Units Conversion Costs Materials Units to be accounted for Work in process, Jan 1 Started into production Total units Units accounted for Transferred out Work in process, Jan 31 Total units Conversion Costs Costs Materials Tot Unit costs Costs in January $ $ $ Equivalent units Question 3 of 4