eBook 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, 7,400 units, 65% completed $81,955 Direct materials (7,400x$8.8) Conversion (7,400 x 65% $35) $65,120 16,835 81,955 Materials added during January from Weaving Department, 114,000 units Direct labor for January Factory overhead for January Goods finished during January (includes goods in process, January 1), 115,400 units work in process, January 31, 6,000 units, 25% completed a. Prepare a cost of production report for the Cutting Department. If an amount is zero or a blank, enter in "0". For the cost per equivalent unit computations, round your answers to two decimal places 1,008,900 171,498 209,608 Karachi Carpet Company For the Month Ended January 31 Units charged to production Inventory in process, January 1 400 114,000 Check My Work Previous All work saved