The Cutting Department of Tangu Carpet Company provides the following data for December 2014. Assume that all materials are added at the beginning of the process. work in process, December 1, 7,800 units, 70% completed $97,812* $74,880 22,932 $97,812 *Direct materials (7,800 x $9.60) Conversion (7,800 x 70% x $4.20) Materials added during December from Weaving Department, 120,000 units Direct labor for December Factory overhead for December Goods finished during December (includes goods in process, December 1), 121,400 units work in process, December 31, 6,400 units, 45% completed $1,170,000 235,264 287,544 Hide Hint(s) 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. Tangu Carpet Company Cost of Production Report-Cutting Department For the Month Ended 31, 2014 rma Units charged to production: Inventory in process, December1 Received from Weaving Department Total units accounted for by the Cutting Department 7800 120000 127800 Units to be assigned costs