Business, 29.07.2020 23:01 Jasonn7787

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, 14,600 units, 75% completed $165,345*
*Direct materials (14,600 × $9)
Conversion (1,400 X 75% X $5.00) 5,250
$22,960

Materials added during January from Weaving
Department, 58,000 units $742,400
Direct labor for January 134,550
Factory overhead for January 151,611
Goods finished during January
(includes goods in process, January 1), 56,200 units —

Work in process, January 31, 3,200 units, 30% completed —

Required:
Prepare a cost of production report for the Cutting Department.

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The Cutting Department of Karachi Carpet Company provides the following data for January. Assume tha...

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