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 $1,1,400$ units, $75\%$ completed

$[$$$17,710],[5,250],[$$$22,960]$

$$22,{960}^{**}$

$*$Direct materials $(1,400$$$12\mathrm{.}65)$

Conversion $(1,40075\%$$$5\mathrm{.}00)$

Materials added during January from Weaving Department, $58,000$ units

$$742,400$

$134,550$

$151,611$

Direct labor for January

Factory overhead for January

Goods finished during January $($includes goods in process, January $1),56,200$ units

Work in process, January $31,3,200$ units, $30\%$ completed

a$.$ Prepare a cost of production report for the Cutting Department. If an amount is zero or a blank, enter In $"0".$ For the cost per equlvalent unit computations, round your answers to two decimal places.

Karachl Carpet Company

Cost of Production Report$-$Cutting Department

For the Month Ended January $31$

$\backslash$table$[[$Units$,,$Equlvalent Units Equlvalent Units$],[$Direct Materlals Units Conversion,,$]]$