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, 8,000 units, 75% completed $114,000 "Direct materials (8,000 Conversion (8,000 75% $81,600 32,400 $114,000 $102) $5.4) Materials added during January from Weaving Department, 123,200 units Direct labor for January Factory overhead for January Goods finished during January (includes goods in process, January 1), 124,600 units work in process, January 31, 6,600 units, 25% completed a. Prepare a cost of production report for the Cutting Department. If an amount is zero or a blank, enter in "O". For the cost per equivalent unit computations, round your answers to two decimal places 1,275,120 297,619 363,756 Karachi Carpet Company Cost of Production Report-Cutting Department For the Month Ended January 31 Units charged to production: Inventory n process, January1 Received from Weaying Department Total urits accounted for by the Cuttng Department Units to be assigned costs: WholeDirect nit Materias Cowersion Inventory n process, January1 Started and complated in January Transferred to finished goods in lanuary Inventory n process, January 31 Total urits to be assigned cost