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 $1,7,200$ units, $80\%$ completed

$*$Direct materials $(7,200$$$10\mathrm{.}00)$

Conversion $(7,20080\%$$$5\mathrm{.}20)$