=+EX 20-19 Cost of production and journal entries objs. 1, 2, 3

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b. $37,914 Prepare a cost of production report for the Cutting Department of Perma-Wear Carpet Company for October 2010, using the following data and assuming that all materials are added at the beginning of the process:

Work in process, October 1, 6,000 units, 75% completed $ 62,250*

*Direct materials (6,000  $7.60) $45,600 Conversion (6,000  75%  $3.70) 16,650 _______