WATERWAYS CORPORATION Molding Department Production Report Quantities Units to be accounted for Work in process, Jan. 1 Started into production Total units Units accounted for Completed and transferred out Work in process, Jan. 31 Total units CostsMaterialsConversionCosts Unit costs Costs in January Equivalent units Unit costs Costs to be accounted for Work in process, Jan. 1 Started into production Total costs Cost Reconciliation Schedule Costs accounted for Completed and transferred out Work in process, Jan. 31 Materials Conversion costs Total costs 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 denartments. All items eventuallv end uo in the Packaging Denartment which prepares items for sale in kits or individually. or January