=+Prepare a cost of production report for the Cutting Department ofNorth Georgia Carpet Com¬

pany for May 2008. Use the average cost method with the following data:

Work in process, May 1, 13,000 units, 75% completed Materials added during May from Weaving Department, 205,000 units Direct labor for May Factory overhead for May Goods finished during May (includes goods in process, May 1), 202,000 units Work in process, May 31, 16,000 units, 25% completed

$ 58,000 914,780 158,600 100,500