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: Work in process, January 1, 3,400 units, 75% completed $23,000 Materials added during January from Weaving Department, 64,000 units 366,200 Direct labor for January 105,100 80,710 Factory overhead for January Goods finished during January (includes goods in process, January 1), 63,500 units Work in process, January 31, 3,900 units, 10% 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 the nearest cent. Dalton Carpet Company Cost of Production Report-Cutting Department For the Mont Ended January 31 Units 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 Whole Units Equivalent Units of Production

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: Prepare a cost of production report for the Cutting Department of Daiton Carpet Company for January. If required, round your cost per equivalent unit answer to the nearest cent