Cost of Production Report: Weighted Average Cost Method Use the weighted average cost method with the following data: Work in process, January 1, 4,500 units, 10% completed $38,430 Materials added during January from Weaving Department, 85,100 units 706,330 Direct labor for January 181,911 Factory overhead for January 143,391 Goods finished during January (includes goods in process, January 1), 83,300 units Work in process, January 31, 6,300 units, 70% completed Prepare a cost of production report for the Cutting Department of Dalton Carpet Company for January. If required, round your cost per equivalent unit answer to two decimal places. Dalton Carpet Company Cost of Production Report-Cutting Department For the Month Ended January 31 Units charged to production: Inventory in process, January 1 Unit Information Received from Weaving Department Total units accounted for by the Cutting Department Units to be assigned costs: Transferred to finished goods in January Equivalent Units of Whole Units Production