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 $1,7,800$ units, $70\%$ completed $$102,882*$

$*$Direct materials $(7,800\backslash$times $$9\mathrm{.}2)$ $$71,760$

Conversion $(7,800\backslash$times $70\%\backslash$times $$5\mathrm{.}7)31,122$

$$102,882$

Materials added during January from Weaving Department, $120,000$ units $$1,122,000$

Direct labor for January $295,394$

Factory overhead for January $361,038$

Goods finished during January $($includes goods in process, January $1),121,400$ units $$

Work in process, January $31,6,400$ units, $20\%$ completed $$

Question Content Area

a$.$ Prepare a cost of production report for the Cutting Department. If an amount box does not require an entry, leave it blank. 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 $54$a$101$fd$3$f$98018\_1$

Received from Weaving Department fill in the blank $54$a$101$fd$3$f$98018\_2$

Total units accounted for by the Cutting Department fill in the blank $54$a$101$fd$3$f$98018\_3$

Units to be assigned costs: Equivalent Units

Whole

Units Direct

Materials

Conversion

Inventory in process, January $1$ fill in the blank $54$a$101$fd$3$f$98018\_4$

fill in the blank $54$a$101$fd$3$f$98018\_5$

fill in the blank $54$a$101$fd$3$f$98018\_6$

Started and completed in January fill in the blank $54$a$101$fd$3$f$98018\_7$

fill in the blank $54$a$101$fd$3$f$98018\_8$

fill in the blank $54$a$101$fd$3$f$98018\_9$

Transferred to finished goods in January fill in the blank $54$a$101$fd$3$f$98018\_10$

fill in the blank $54$a$101$fd$3$f$98018\_11$

fill in the blank $54$a$101$fd$3$f$98018\_12$

Inventory in process, January $31$ fill in the blank $54$a$101$fd$3$f$98018\_13$

fill in the blank $54$a$101$fd$3$f$98018\_14$

fill in the blank $54$a$101$fd$3$f$98018\_15$

Total units to be assigned costs fill in the blank $54$a$101$fd$3$f$98018\_16$

fill in the blank $54$a$101$fd$3$f$98018\_17$

fill in the blank $54$a$101$fd$3$f$98018\_18$

Cost Information

Costs per equivalent unit: Direct

Materials

Conversion

Total costs for January in Cutting Department $fill in the blank $54$a$101$fd$3$f$98018\_19$

$fill in the blank $54$a$101$fd$3$f$98018\_20$

Total equivalent units fill in the blank $54$a$101$fd$3$f$98018\_21$

fill in the blank $54$a$101$fd$3$f$98018\_22$

Cost per equivalent unit $fill in the blank $54$a$101$fd$3$f$98018\_23$

$fill in the blank $54$a$101$fd$3$f$98018\_24$

Costs assigned to production:

Direct

Materials

Conversion

Total

Inventory in process, January $1$ $fill in the blank $54$a$101$fd$3$f$98018\_25$

Costs incurred in January fill in the blank $54$a$101$fd$3$f$98018\_26$

Total costs accounted for by the Cutting Department $fill in the blank $54$a$101$fd$3$f$98018\_27$

Cost allocated to completed and partially completed units:

Inventory in process, January $1$ balance $fill in the blank $54$a$101$fd$3$f$98018\_28$

To complete inventory in process, January $1$ $fill in the blank $54$a$101$fd$3$f$98018\_29$

fill in the blank $54$a$101$fd$3$f$98018\_30$

Cost of completed January $1$ work in process $fill in the blank $54$a$101$fd$3$f$98018\_31$

Started and completed in January $fill in the blank $54$a$101$fd$3$f$98018\_32$

fill in the blank $54$a$101$fd$3$f$98018\_33$

fill in the blank $54$a$101$fd$3$f$98018\_34$

Transferred to finished goods in January $fill in the blank $54$a$101$fd$3$f$98018\_35$

Inventory in process, January $31$ fill in the blank $54$a$101$fd$3$f$98018\_36$

fill in the blank $54$a$101$fd$3$f$98018\_37$

fill in the blank $54$a$101$fd$3$f$98018\_38$

Total costs assigned by the Cutting Department $fill in the blank $54$a$101$fd$3$f$98018\_39$

Question Content Area

b$.$ Compute and evaluate the change in the costs per equivalent unit for direct materials and conversion from the previous month $($December$).$ When the answer is an increase enter it as a positive number and when it's a decrease enter it as a negative number. 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 $01$a$29$d$01$afccfe$1\_2$

Change in conversion cost per equivalent unit

$fill in the blank $01$a$29$d$01$afccfe$1\_4$