eBook

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 $1$

Cost of completed January $1$ work in process

Started and completed in January

Transferred to finished goods in January

Inventory in process, January $31$

Total costs assigned by the Cutting Department

Conversion

Conversion

Total

Direct Materials

Feedback

eBook

Cost of Production Report

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 $1,8,200$ units, $55\%$ completed

$*$Direct materials $(8,200$$$10\mathrm{.}4)$

$$106,928*$

Conversion $(8,20055\%$$$4\mathrm{.}8)$

$\backslash$table$[[$$$85,280$