Cost of Production Report The Cutting Department of Karachi Carpet Company provides the following data for January. Assume that all materials are added at the beginning of the process. Work in process, January 1, 12,400 units, 65% completed $127,472 Direct materials (12,400 x $8.2) $101,680 Conversion (12,400 x 65% * $3.2) 25,792 $127,472 Materials added during January from Weaving Department, 190,800 units $1,583,640 Direct labor for January 277,665 Factory overhead for January 339,369 Goods finished during January (includes goods in process, January 1), 193,000 units Work in process, January 31, 10,200 units, 20% completed a. Prepare a cost of production report for the Cutting Department. If an amount box does not require an entry, leave it blank. For the cost per equivalent unit computations, round your answers to two decimal places. Karachi Carpet Company Cost of Production Report-Cutting Department For the Month Ended January 31 Unit Information Units charged to production: Inventory in process, January 1 Received from Weaving Department Total units accounted for by the Cutting Department Units to be assigned costs: Previous Next Check My Work 3 more Check My Work uses remaining, Email Instructor Save and Exit Submit Assignment for Gra All work saved Whole Units Equivalent Units Direct Materials Conversion Inventory in process, January 1 Started and completed in January Transferred to finished goods in January Inventory in process, January 31 Total units to be assigned costs Cost Information Costs per equivalent unit: Check My Work 3 more Check My Work uses remaining Email Instructor Save and Exit Submit Assignment for Gradina All work saved