eBookPrint Item Question Content Area 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, 9,800 units, 80% completed $136,024* *Direct materials (9,800 $9.4) $92,120 Conversion (9,800 80% $5.6) 43,904 $136,024 Materials added during January from Weaving Department, 150,800 units $1,425,060 Direct labor for January 366,201 Factory overhead for January 447,579 Goods finished during January (includes goods in process, January 1), 152,600 units Work in process, January 31, 8,000 units, 40% completed Question Content Area a. Prepare a cost of production report for the Cutting Department. If an amount box does not require an entry, leave it blank. For the cost per equivalent unit computations, round your answers to two decimal places. Karachi Carpet Company Cost of Production Report-Cutting Department For the Month Ended January 31 Unit Information Units charged to production:Number of Units Inventory in process, January 1 fill in the blank 384c56fe7fa102f_1 Received from Weaving Department fill in the blank 384c56fe7fa102f_2 Total units accounted for by the Cutting Department fill in the blank 384c56fe7fa102f_3 Units to be assigned costs: Equivalent Units Whole Units Direct Materials Conversion Inventory in process, January 1 fill in the blank 384c56fe7fa102f_4 fill in the blank 384c56fe7fa102f_5 fill in the blank 384c56fe7fa102f_6 Started and completed in January fill in the blank 384c56fe7fa102f_7 fill in the blank 384c56fe7fa102f_8 fill in the blank 384c56fe7fa102f_9 Transferred to finished goods in January fill in the blank 384c56fe7fa102f_10 fill in the blank 384c56fe7fa102f_11 fill in the blank 384c56fe7fa102f_12 Inventory in process, January 31 fill in the blank 384c56fe7fa102f_13 fill in the blank 384c56fe7fa102f_14 fill in the blank 384c56fe7fa102f_15 Total units to be assigned costs fill in the blank 384c56fe7fa102f_16 fill in the blank 384c56fe7fa102f_17 fill in the blank 384c56fe7fa102f_18 Cost Information Costs per equivalent unit: Direct Materials Conversion Total costs for January in Cutting Department $fill in the blank 384c56fe7fa102f_19 $fill in the blank 384c56fe7fa102f_20 Total equivalent units fill in the blank 384c56fe7fa102f_21 fill in the blank 384c56fe7fa102f_22 Cost per equivalent unit $fill in the blank 384c56fe7fa102f_23 $fill in the blank 384c56fe7fa102f_24 Costs assigned to production: Direct Materials Conversion Total Inventory in process, January 1 $fill in the blank 384c56fe7fa102f_25 Costs incurred in January fill in the blank 384c56fe7fa102f_26 Total costs accounted for by the Cutting Department $fill in the blank 384c56fe7fa102f_27 Cost allocated to completed and partially completed units: Inventory in process, January 1 balance $fill in the blank 384c56fe7fa102f_28 To complete inventory in process, January 1 $fill in the blank 384c56fe7fa102f_29 fill in the blank 384c56fe7fa102f_30 Cost of completed January 1 work in process $fill in the blank 384c56fe7fa102f_31 Started and completed in January $fill in the blank 384c56fe7fa102f_32 fill in the blank 384c56fe7fa102f_33 fill in the blank 384c56fe7fa102f_34 Transferred to finished goods in January $fill in the blank 384c56fe7fa102f_35 Inventory in process, January 31 fill in the blank 384c56fe7fa102f_36 fill in the blank 384c56fe7fa102f_37 fill in the blank 384c56fe7fa102f_38 Total costs assigned by the Cutting Department $fill in the blank 384c56fe7fa102f_39 Question Content Area b. Compute and evaluate the change in the costs per equivalent unit for direct materials and conversion from the previous month (December). When the answer is an increase enter it as a positive number and when it's a decrease enter it as a negative number. If required, round your answers to two decimal places. Increase or Decrease Amount Change in direct materials cost per equivalent unit $fill in the blank 168e580aa04b017_2 Change in conversion cost per equivalent unit $fill in the blank 168e580aa04b017_4

Sast of Production foeport