Work in process beginning:
Units in process		22,000
Stage of completion for materials		80%
Stage of completion for labor and overhead		30%
Costs in work in process inventory:
Materials		$168,360
Labor		67,564
Overhead		17,270
Total costs in beginning work in process		$253,194
Units started into production in January		60,000
Units completed and transferred in January		58,000
Costs added to production:
Materials		$264,940
Labor		289,468
Overhead		60,578
Total costs added into production in January		$614,986
Work in process ending:
Units in process		24,000
Stage of completion for materials		50%
Stage of completion for labor and overhead		10%

(1)Prepare a production cost report for Waterways using the weighted-average method