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Prepare a production cost report for Waterways using the weighted average method. (Round unit costs to 2 decimal places, eg. 2.25) WATERWAYS CORPORATION Molding Department

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Prepare a production cost report for Waterways using the weighted average method. (Round unit costs to 2 decimal places, eg. 2.25) WATERWAYS CORPORATION Molding Department Production Report Physical Units Equivalent Units Conversion Costs Materials Quantities 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 Materials Costs Unit costs Costs in January Equivalent units Unit costs Costs Unit costs Materials Conversion Costs Total Costs in January Equivalent units Unit costs Costs to be accounted for Work in process, Jan. 1 Started ipto production Total costs Cost Reconciliation Schedule Costs accounted for Transferred out Work in process, Jan. 31 Materials Conversion costs Total costs e Textbook and Media Show the equivalent units for materials and conversion costs if Waterways used FIFO instead of weighted average. Equivalent Units Materials Conversion Physical Units 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 Attempts: unlimited Submit

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