=+EX 20-28 Cost of production report: average cost method

✔ Cost per equivalent unit, $6.00 Prepare a cost of production report for the Cutting Department of Chota Carpet Company for October 2010. Use the average cost method with the following data:

Work in process, October 1, 9,000 units, 75% completed $ 75,000 Materials added during October from Weaving Department, 105,000 units 807,750 Direct labor for October 175,200