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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 *Direct materials (7,400 x $10.40) $76,960 18,759 conversion (7,400 x 65% x $3.90) $95,719 Materials added during January from Weaving Department, 114,000 units $1,202, 700 Direct labor for January 192,700 Factory overhead for January 235,522 Goods finished during January (includes goods in process, January 1), 115,400 units Work in process, January 31, 6,000 units, 35% completed a. Prepare a cost of production report for the Cutting Department. It an amount Is zero or a blank, enter in "O". For the cost per equivalent unit computations, round your answers to two decimal places. Units Units charged to production: Karachi Carpet Company Cost of Production Reportcutting Department For the Month Ended January 31 Equivalent Units Direct Materials Equivalent Units Conversion Whole Units 7,400 Inventory in process, January Received from Weaving Department