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, 9,400 units, 80% completed   $105,656*     *Direct materials (9,400 × $8.6) $80,840       Conversion (9,400 × 80% × $3.3) 24,816     $105,656   Materials added during January from Weaving Department, 144,800 units   $1,267,000 Direct labor for January   205,042 Factory overhead for January   250,606 Goods finished during January (includes goods in process, January 1), 146,400 units   — Work in process, January 31, 7,800 units, 45% completed   — 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. 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 fill in the blank 28a82e090040faf_1 Received from Weaving Department fill in the blank 28a82e090040faf_2 Total units accounted for by the Cutting Department fill in the blank 28a82e090040faf_3 Units to be assigned costs:     Equivalent Units   Whole Units Direct Materials Conversion Inventory in process, January 1 fill in the blank 28a82e090040faf_4 fill in the blank 28a82e090040faf_5 fill in the blank 28a82e090040faf_6 Started and completed in January fill in the blank 28a82e090040faf_7 fill in the blank 28a82e090040faf_8 fill in the blank 28a82e090040faf_9 Transferred to finished goods in January fill in the blank 28a82e090040faf_10 fill in the blank 28a82e090040faf_11 fill in the blank 28a82e090040faf_12 Inventory in process, January 31 fill in the blank 28a82e090040faf_13 fill in the blank 28a82e090040faf_14 fill in the blank 28a82e090040faf_15 Total units to be assigned costs fill in the blank 28a82e090040faf_16 fill in the blank 28a82e090040faf_17 fill in the blank 28a82e090040faf_18 Cost Information Costs per equivalent unit:   Direct Materials Conversion Total costs for January in Cutting Department $fill in the blank 28a82e090040faf_19 $fill in the blank 28a82e090040faf_20 Total equivalent units fill in the blank 28a82e090040faf_21 fill in the blank 28a82e090040faf_22 Cost per equivalent unit $fill in the blank 28a82e090040faf_23 $fill in the blank 28a82e090040faf_24 Costs assigned to production:   Direct Materials Conversion Total Inventory in process, January 1     $fill in the blank 28a82e090040faf_25 Costs incurred in January     fill in the blank 28a82e090040faf_26 Total costs accounted for by the Cutting Department     $fill in the blank 28a82e090040faf_27 Cost allocated to completed and partially completed units:       Inventory in process, January 1 balance     $fill in the blank 28a82e090040faf_28 To complete inventory in process, January 1   $fill in the blank 28a82e090040faf_29 fill in the blank 28a82e090040faf_30 Cost of completed January 1 work in process     $fill in the blank 28a82e090040faf_31 Started and completed in January $fill in the blank 28a82e090040faf_32 fill in the blank 28a82e090040faf_33 fill in the blank 28a82e090040faf_34 Transferred to finished goods in January     $fill in the blank 28a82e090040faf_35 Inventory in process, January 31 fill in the blank 28a82e090040faf_36 fill in the blank 28a82e090040faf_37 fill in the blank 28a82e090040faf_38 Total costs assigned by the Cutting Department     $fill in the blank 28a82e090040faf_39         b.  Compute and evaluate the change in the costs per equivalent unit for direct materials and conversion from the previous month (December). If required, round your answers to two decimal places.   Increase or Decrease Amount Change in direct materials cost per equivalent unit   $fill in the blank d7af630a6fb3056_2 Change in conversion cost per equivalent unit   $fill in the blank d7af630a6fb3056_4

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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, 9,400 units, 80% completed   $105,656*
    *Direct materials (9,400 × $8.6) $80,840  
    Conversion (9,400 × 80% × $3.3) 24,816  
  $105,656  
Materials added during January from Weaving Department, 144,800 units   $1,267,000
Direct labor for January   205,042
Factory overhead for January   250,606
Goods finished during January (includes goods in process, January 1), 146,400 units  
Work in process, January 31, 7,800 units, 45% completed  

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.

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 fill in the blank 28a82e090040faf_1
Received from Weaving Department fill in the blank 28a82e090040faf_2
Total units accounted for by the Cutting Department fill in the blank 28a82e090040faf_3
Units to be assigned costs:
    Equivalent Units
  Whole Units Direct Materials Conversion
Inventory in process, January 1 fill in the blank 28a82e090040faf_4 fill in the blank 28a82e090040faf_5 fill in the blank 28a82e090040faf_6
Started and completed in January fill in the blank 28a82e090040faf_7 fill in the blank 28a82e090040faf_8 fill in the blank 28a82e090040faf_9
Transferred to finished goods in January fill in the blank 28a82e090040faf_10 fill in the blank 28a82e090040faf_11 fill in the blank 28a82e090040faf_12
Inventory in process, January 31 fill in the blank 28a82e090040faf_13 fill in the blank 28a82e090040faf_14 fill in the blank 28a82e090040faf_15
Total units to be assigned costs fill in the blank 28a82e090040faf_16 fill in the blank 28a82e090040faf_17 fill in the blank 28a82e090040faf_18
Cost Information
Costs per equivalent unit:
  Direct Materials Conversion
Total costs for January in Cutting Department $fill in the blank 28a82e090040faf_19 $fill in the blank 28a82e090040faf_20
Total equivalent units fill in the blank 28a82e090040faf_21 fill in the blank 28a82e090040faf_22
Cost per equivalent unit $fill in the blank 28a82e090040faf_23 $fill in the blank 28a82e090040faf_24
Costs assigned to production:
  Direct Materials Conversion Total
Inventory in process, January 1     $fill in the blank 28a82e090040faf_25
Costs incurred in January     fill in the blank 28a82e090040faf_26
Total costs accounted for by the Cutting Department     $fill in the blank 28a82e090040faf_27
Cost allocated to completed and partially completed units:      
Inventory in process, January 1 balance     $fill in the blank 28a82e090040faf_28
To complete inventory in process, January 1   $fill in the blank 28a82e090040faf_29 fill in the blank 28a82e090040faf_30
Cost of completed January 1 work in process     $fill in the blank 28a82e090040faf_31
Started and completed in January $fill in the blank 28a82e090040faf_32 fill in the blank 28a82e090040faf_33 fill in the blank 28a82e090040faf_34
Transferred to finished goods in January     $fill in the blank 28a82e090040faf_35
Inventory in process, January 31 fill in the blank 28a82e090040faf_36 fill in the blank 28a82e090040faf_37 fill in the blank 28a82e090040faf_38
Total costs assigned by the Cutting Department     $fill in the blank 28a82e090040faf_39
       

b.  Compute and evaluate the change in the costs per equivalent unit for direct materials and conversion from the previous month (December). If required, round your answers to two decimal places.

  Increase or Decrease Amount
Change in direct materials cost per equivalent unit   $fill in the blank d7af630a6fb3056_2
Change in conversion cost per equivalent unit   $fill in the blank d7af630a6fb3056_4
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