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, 13,600 units, 75% completed *Direct materials (13,600 x $10.40) $179,180* Conversion (13,600 x 75% x $3.70) $141,440 37,740 $179,180 Materials added during January from Weaving Department, 209,600 units Direct labor for January Factory overhead for January $2,211,280 333,266 407,326 Goods finished during January (includes goods in process, January 1), 212,000 units Work in process, January 31, 11,200 units, 35% completed 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 Units Units charged to production: For the Month Ended January 31 Equivalent Units Equivalent Units Whole Units Direct Materials Conversion Inventory in process, January 1 13,600 Received from Weaving Department 209,600 Total units accounted for by the Cutting Department 223,200 Units to be assigned costs: Inventory in process, January 1 13,600 Started and completed in January Transferred to finished goods in January Inventory in process, January 31 Total units to be assigned costs