Passera Inc. manufactures a single product in a continuous processing environment. All materials are added at the beginning of the process, and conversion costs are applied evenly throughout the process. To assign costs to inventories, the company uses weighted-average process costing.
The following information was available for 2016:

An inventory count at year end (December 31, 2016) revealed that the inventories had the following balances:
Raw materials.......................................800 kilograms
Work in process (45% complete) ..................22,000 units
Finished goods.......................................45,000 units
The January 1, 2016, work in process units are 70% complete. The unit cost of production was the same in 2016 as it was in 2015.
Instructions
Calculate the following amounts for Passera Inc.:
(a) The opening (January1, 2016) balance in units and costs of
(1) Raw materials,
(2) Work in process,
(3) Finished goods
(b) The equivalent units for 2016 for (1) materials and (2) conversion costs
(c) The total cost for 2016 for (1) materials used and (2) conversion applied
(d) The cost of ending work in process for 2016
(e) The cost of units completed and transferred to finished goods

Sales (selling price per unit, $40) Actual manufacturing overhead Selling and administrative expenses Unit costs of production: $4,080,000 660,000 328,000 Direct materials (1 kilogram) $6.00 8.00 9.00 $23.00 140,000 units 125,000 kilograms 136,000 kilograms Direct labour (1/2 hour) Overhead Total Units transferred to finished goods Materials purchased Materials used in process