Units to be assigned costs: Inventory in process, January 1 Started and completed in January Transferred to finished goods in January Inventory in process, January 31 Total units to be assigned cost Cost per equivalent unit: Total costs for January in Cutting Department Total equivalent units Cost per equivalent unit Costs assigned to production: Inventory in process, January 1 Costs incurred in January Total costs accounted for by the cutting Department Costs allocated to completed and partially completed units: Inventory in process, January 1 balance To complete inventory in process, January 1 Equivalent Units Whole Units Direct Materials Conversion Cost Information Direct Materials Conversion Direct Materials Conversion Total Check My Work Compute and evaluate the change in cost per equivalent unit for direct materials and conversion from the previous month (Oecember). If required, round your inswers to two decimal places; 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, ror your answers to two decimal places