Cot of Propert 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 14.800 units, 70% completed $170,348 "Direct materials (1.800 59.20) $136.300 Conversion (14,800-70% $3.30) 34.188 $170.348 Materials added during January from waving Department, 228.000 units Direct labor for January $2,100,000 322,416 Factory had fanary Goods frihed during Jemary (ncludes goods in process, January 13, 230,000 units wikprocesar 31, 12,200 units, 30% comp Karachi Carpet Comper Cost of Production Report-Cutting Dep the Harth Eded aary 31 Unit Information 204,004 Us charged to produc tal united for by the Cutting Department CallInformati Converse unit computations, round your answers to two decimal places Toport for the Cutting Department. If an amount is zero or a blank, enter in "0". For the cost per equivalent u Karachi Carpet Company Cost of Production Report-Cutting Department For the Month Ended January 31 Unit Information Equivalent Units Whole Units Direct Materials Conversion 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 cost 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: Inventory in process, January 1 balance Cost Information Direct Materials Conversion Direct Materials Conversion Total Inventory in process, January 1 Casts incurred in January Total costs accounted for by the Cutting Department Costs allocated to completed and partially completed Inventory in process, January 1 balance To complete inventory in process, January 11 Cost of completed January I work in process Started and completed in amary Transferred to finished goods in January Inventory in process, January 31 Total costs assigned by the Cutting Department Chey Direct Materials Conversion Total Compute and evaluate the change in the costs per equivalent unit for direct materials and conversion from the preous month (December). If required, round your answers to two decimal places Change in direct materials cast per equivalent unit Change in conversion cost per equivalent unit Increase or Decrease Increase Decrease Amount