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, 12,400 units, 65% completed *Direct materials (12,400$8) Conversion (12,40065%$4.9) Materials added during January from Weaving Department, 190,800 units Direct labor for January Factory overhead for January $138,694 $99,20039,494$138,694 $1,535,940 403,877 493,627 Goods finished during January (includes goods in process, January 1), 193,000 units Work in process, January 31,10,200 units, 20% completed Karachi Carpet Company Cost of Production Report-Cutting Department For the Month Ended January 31 Unit Information 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 Inventory in process, January 1 Started and completed in January Transferred to finished goods in January Inventory in process, lanuary 31 Total units to be assigned costs Direct Materials Conversion Cost Information Costs per equivalent unit: Direct Materials Conversion Total costs for January in Cutting Department Total equivalent units Cost per equivalent unit Costs assigned to production: Direct Materials Conversion Total Inventory in process, January 1 Total costs assigned by the Cutting Department number. If required, round your answers to two decimal places