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, 13,600 units, 55% completed $169,388 Direct materials (13,600$10.2) Conversion (13,60055%$4.1) $138,72030,668$169,388 Materials added during January from Weaving Department, 209,600 units Direct labor for January Factory overhead for January Goods finished during January (includes goods in process, January 1), 212,000 units Work in process, January 31,11,200 units, 45% completed $2,148,400377,208461,032 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: 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 Direct Materials Check My Work TCheock wy Work