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 $1,8,400$ units, $70\%$ completed $$94,500*$

$*$Direct materials $(8,400\backslash$times $$7\mathrm{.}4)$ $$62,160$

Conversion $(8,400\backslash$times $70\%\backslash$times $$5\mathrm{.}5)32,340$

$$94,500$

Materials added during January from Weaving Department, $129,200$ units $$975,460$

Direct labor for January $319,939$

Factory overhead for January $391,037$

Goods finished during January $($includes goods in process, January $1),130,800$ units $$

Work in process, January $31,6,800$ units, $30\%$ completed $$

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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

For the Month Ended January $31$

Unit Information

Units charged to production: Number of Units

Inventory in process, January $1$ fill in the blank c$1101$a$03$efa$3$f$92\_1$

Received from Weaving Department fill in the blank c$1101$a$03$efa$3$f$92\_2$

Total units accounted for by the Cutting Department fill in the blank c$1101$a$03$efa$3$f$92\_3$

Units to be assigned costs: Equivalent Units

Whole Units Direct Materials Conversion

Inventory in process, January $1$ fill in the blank c$1101$a$03$efa$3$f$92\_4$ fill in the blank c$1101$a$03$efa$3$f$92\_5$ fill in the blank c$1101$a$03$efa$3$f$92\_6$

Started and completed in January fill in the blank c$1101$a$03$efa$3$f$92\_7$ fill in the blank c$1101$a$03$efa$3$f$92\_8$ fill in the blank c$1101$a$03$efa$3$f$92\_9$

Transferred to finished goods in January fill in the blank c$1101$a$03$efa$3$f$92\_10$ fill in the blank c$1101$a$03$efa$3$f$92\_11$ fill in the blank c$1101$a$03$efa$3$f$92\_12$

Inventory in process, January $31$ fill in the blank c$1101$a$03$efa$3$f$92\_13$ fill in the blank c$1101$a$03$efa$3$f$92\_14$ fill in the blank c$1101$a$03$efa$3$f$92\_15$

Total units to be assigned cost fill in the blank c$1101$a$03$efa$3$f$92\_16$ fill in the blank c$1101$a$03$efa$3$f$92\_17$ fill in the blank c$1101$a$03$efa$3$f$92\_18$

Cost Information

Cost per equivalent unit: Direct Materials Conversion

Total costs for January in Cutting Department $fill in the blank c$1101$a$03$efa$3$f$92\_19$ $fill in the blank c$1101$a$03$efa$3$f$92\_20$

Total equivalent units fill in the blank c$1101$a$03$efa$3$f$92\_21$ fill in the blank c$1101$a$03$efa$3$f$92\_22$

Cost per equivalent unit $fill in the blank c$1101$a$03$efa$3$f$92\_23$ $fill in the blank c$1101$a$03$efa$3$f$92\_24$

Costs assigned to production:

Direct Materials Conversion Total

Inventory in process, January $1$ $fill in the blank c$1101$a$03$efa$3$f$92\_25$

Costs incurred in January fill in the blank c$1101$a$03$efa$3$f$92\_26$

Total costs accounted for by the Cutting Department $fill in the blank c$1101$a$03$efa$3$f$92\_27$

Costs allocated to completed and partially completed units:

Inventory in process, January $1$ balance $fill in the blank c$1101$a$03$efa$3$f$92\_28$

To complete inventory in process, January $1$ $fill in the blank c$1101$a$03$efa$3$f$92\_29$ $fill in the blank c$1101$a$03$efa$3$f$92\_30$ fill in the blank c$1101$a$03$efa$3$f$92\_31$

Cost of completed January $1$ work in process $fill in the blank c$1101$a$03$efa$3$f$92\_32$

Started and completed in January $fill in the blank c$1101$a$03$efa$3$f$92\_33$ fill in the blank c$1101$a$03$efa$3$f$92\_34$ fill in the blank c$1101$a$03$efa$3$f$92\_35$

Transferred to finished goods in January $fill in the blank c$1101$a$03$efa$3$f$92\_36$

Inventory in process, January $31$ fill in the blank c$1101$a$03$efa$3$f$92\_37$ fill in the blank c$1101$a$03$efa$3$f$92\_38$ fill in the blank c$1101$a$03$efa$3$f$92\_39$

Total costs assigned by the Cutting Department $fill in the blank c$1101$a$03$efa$3$f$92\_40$

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a$.$ How much more $($percentage amount$)$ needed to be done to the beginning work in process units to make the units to complete to transfer to the next department? Did these units require more material cost or more conversion cost? How much, in terms of cost$,$ had been done to these units in the prior period? In order for units to be transferred to the next department, the units have to be complete with respect to both materials and conversion. When are materials added in the process? How complete are the units in ending inventory with respect to materials? How compete are the units in ending inventory with respect to conversion? Materials and conversion cost needs to be allocated among the equivalent units. Are the number of equivalent units the same for materials and conversion?

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b$.$ Compute and evaluate the change in cost per equivalent unit for direct materials and conversion from the previous month $($December$).$ If required, round your answers to two decimal places.

Increase or Decrease Amount

Change in direct materials cost per equivalent unit

$fill in the blank $47$dabcfa$706$bf$83\_2$

Change in conversion cost per equivalent unit

$fill in the blank $47$dabcfa$706$bf$83\_4$

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