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, 11,000 units, 80% completed $119,680* $92,400 27,280 $119,680 "Direct materials (11,000 $8.4) Conversion (11,000 x 80% x $3.1) Materials added during January from Weaving Department, 169,600 units Direct labor for January Factory overhead for January Goods finished during January (includes goods in process, January 1), 171,600 units ork in process, January 31, 9,000 units, 45% completed $1,450,080 240,264 293,656 . Prepare a cost of production report for the Cutting Department. If an amount is zero or a blank, enter in o". For the cost per equivalent unit computations, round your answers to two decimal places