. EX.18-17 ALGO (Algorithmic) Cost of Production Report The Cutting Department of Tangu Carpet Company materials are added at the beginning of the process. the y provides the following data for December 2016. Assume that all work in process, December 1, 9,000 units, 60% completed Direct materials (9,000 x $10) 108,360* $90,000 18,360 $108,360 Conversion (9,000 x 60% x $3.4) Materials added during December from Weaving Department, 138,800 units Direct labor for December Factory overhead for December Goods finished during December (includes goods in process, December 1), 140,400 units work in process, December 31, 7,400 units, 30% completed $1,394,940 203,772 249,054 . Prepare a cost or production report ror the Cutting Department. If an amount is zero or a blank, enter in "O. For the cost per equivalent unit computations, round your answers to two decimal places Tangu Carpet Company Cost of Production Report-Cutting Department For the Month Ended December 31, 2016 Units charged to production Inventory in process, December 1 Received from Weaving Department Total units accounted for by the Cutting Department Units to be assigned costs: whole Direct Materials Conversion Inventory in process, December 1 Started and completed in December Transferred to finished goods in December Inventory in process, December 31 Total units to be assigned cost Costs per equivalent unit: Direct Materials Total costs for December in Cutting Department Total equlvalent units Cost per equivalent unit Costs assigned to production or Direct Materials Conversion Total Inventory in process, December 1 Costs incurred in December Total costs accounted for by the Cutting Department Costs allocated to completed and partially completed units: Inventory in process, December 1 balance To complete inventory in process, December 1 Cost of completed December 1 work in process Started and completed in December Transferred to finished goods in December Inventory in process, December 31 Total costs assigned by the Cutting Department aluate the change in cost per equivalent unit for direct materials and conversion from the previous ). If required, round your answers to two decimal places. month (November Increase or Decrease Amount Change in direct materials cost per equivalent unit Change in conversion cost per equivalent unit