Cost of Production Report: Weighted Average Method Assuming that direct materials are placed in process during production, use the weighted average method with the following data: Dalton Carpet company Cost of Production Report-Cutting Department For the Month Ended January 31 \begin{tabular}{lll} \hline & Equivalent Units \\ onits Production \end{tabular} 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: Transferred to finished goods in January Inventory in process, January 31 Total units to be assigned costs Costs Costs Cost per equivalent unit: Total costs for January in Cutting Department Total equivalent units Cost per equivalent unit Costs assigned to production: Inventory in process, January 1 Costs incurred in January Total costs accounted for by the Cutting Department Costs allocated to completed and partially completed units: Transferred to finished goods in January Inventory in process, January 31 Total costs assigned by the Cutting Department Costs