Ivanhoe 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, $44) Actual manufacturverhead Selling and administrative expenses Unit production costs $5,161,200 759,000 377,200 Direct materials (1 kilogram) $7.00 Direct labour (1/2 hour) 9.00 Manufacturing overhead 10.00 Total $26.00 Total $26.00 Units completed and transferred to finished goods Materials purchased Materials used in process 161,000 units 143,750 kilograms t 156,400 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 9,200 kilograms 25,300 units 51,750 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 Ivanhoe 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) Op Balance Finished Goods Units Cost 21850 $ 152950 $ 29900 $ 455180 The equivalent units of production for 2022 for (1) materials and (2) conversion cost Direct Materials Equivalent units of production for 2022 Conversion The total cost for 2022 for (1) materials used and (2) conversion applied Direct Materials Total cost for 2022 The cost of ending work in process inventory for 2022 Cost assigned to ending work in process inventory Conversion The cost of units completed and transferred to finished goods Cost of units completed and transferred to finished goods $