he Cutting Department of Karachi Carpet Company provides the following data for rocess. Work in process, January 1, 12,600 units, 80% completed $149,688* "Direct materials (12,600 x $9.00) $113,400 Conversion (12,600 x 80 % x $3.60) 36,288 $149,688 Materials added during January from Weaving Department, 194,000 units $1,755,700 Direct labor for January Factory overhead for January 300,510 367,290 Goods finished during January (includes goods in process, January 1), 196,200 units Work in process, January 31, 10,400 units, 45% 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. Karachi Carpet Company Cost of Production Report-Cutting Department Units d to production: For the Month Ended January 31 Equivalent Units Equivalent Units Whole Units Direct Materials Conversion eBook 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: 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 costs Equivalent Units Equivalent Units Whole Units Direct Materials Conversion Costs 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 14 Costs incurred in January Total costs accounted for by the Cutting Department Cost allocated to completed and partially completed units: Inventory in process, January 1 balance To complete inventory in process, January 1 Cost of completed January 1 work in process Started and completed in January Transferred to finished goods in January, Inventory in process, January 31 Total costs assigned by the Cutting Department. Direct Materials Conversion Total Costs