Wildhorse Inc. manufactures a single product in a continuous processing environment. All materials are added at the beginning of the process, and conversion costs are incurred uniformly throughout the process. To assign costs to inventories, the company uses weighted-average process costing. The following information was available for 2022: Sales (selling price per unit, $41) $5,100,400 Actual manufacturing overhead 805,200 Selling and administrative expenses 400,160 Unit production costs: Direct materials (1 kilogram) $5.00 Direct labour (1/2 hour) 7.00 Manufacturing overhead 8.00 Total $20.00 Units completed and transferred to finished goods Materials purchased Materials used in process 170,800 units 152,500 kilograms 165,920 kilograms An inventory count at year end (December 31, 2022) revealed that the inventories had the following balances: Raw materials Work in process inventory (45% complete) Finished goods 9,760 kilograms 26,840 units 54,900 units The January 1, 2022, work in process inventory units are 70% complete. The unit cost of production was the same in 2022 as it was in 2021. Calculate the following amounts for Wildhorse Inc.: The opening (January 1, 2022) balance in units and costs of (1) raw materials, (2) work in process inventory, and (3) finished goods (1) Opening Balance - Raw Materials (2) Opening Balance - Work in Process Inventory (3) Opening Balance - Finished Goods Units $ $ Cost The equivalent units of production for 2022 for (1) materials and (2) conversion costs Equivalent units of production for 2022 Direct Materials The total cost for 2022 for (1) materials used and (2) conversion applied Total cost for 2022 Direct Materials Conversion The cost of ending work in process inventory for 2022 Cost assigned to ending work in process inventory $ Conversion