Units charged to production:

Unit Information

Inventory in process, January $1$

Received from Weaving Department

Total units accounted for by the Cutting Department

Units to be assigned costs:

Equivalent Units

Whole

Units

Inventory in process, January $1$

Started and completed in January

Transferred to finished goods in January

Inventory in process, January $31$

Total units to $Y^2$ assigned costs

Costs per equivalent unit:

Total costs for January in Cutting Department

Total equivalent units

Cost per equivalent unit

Direct

Materials

Conversion

Cost Information

Direct

Materials

Conversion

$

$

Materials

Inventory in process, January $1$

Conversion

Total

Costs incurred in January

Total costs accounted for by the Cutting Department

Cost allocated to completed and partially completed units:

Inventory in process, January $1$ balance

To complete inventory in process, January $1$

Cost of completed January $1$ work in pr$$cess

Started and completed in January

Transferred te finished goods in January

Inventory in process, January $31$

Total costs assigned by the Cutting Department

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.

Change in direct materials cost per equivalent unit

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 $1,9,600$ units, $80\%$ completed

$$116,736**$

$*$Direct materials $(9,600$$$8\mathrm{.}8)$

Conversion $(9,60080\%$$$4\mathrm{.}2)$

Materials added during January from Weaving Department, $148,000$ units

$$1,324,600$

$278,021$

$339,803$

Direct labor for January

Factory overhead for January

Goods finished duri.t$.$g January $($includes goods in process, January $1),149,800$ units

Work in process, January $31,7,800$ units, $20\%$ completed

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:

Inventory in process, January $1$