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need help Thank you. Cost of Production Report Tho Cuttina Dedartment of Karachi Carpet Company provides the following data for January. Assume that all materials
need help Thank you.
Cost of Production Report Tho Cuttina Dedartment of Karachi Carpet Company provides the following data for January. Assume that all materials are added the t 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: Equivalent Units Whole Units Direct Materials Conversion 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: Cost Information Total costs for January in Cutting Department Total equivalent units Cost per equivalent unit Costs assigned to production: Inventorv in orocess. Januarv 1 Direct Materials Conversion Total b. Compute and evaluate the change in cost per equivalent unit for direct materials and conversion from the previous month (necember). If reauired, round your answers to two decimal placesStep by Step Solution
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