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Prepare cost of production report for the Cutting Department

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Problem - Prepare a cost of production report for the Cutting Department of Dalton Carpet Company for January. Assuming that direct materials are placed in process during production, use the weighted average method with the following data:

Work in process, January 1, 3,400 units, 75% completed $23,000

Materials added during January from Weaving Department, 64,000 units 366,200

Direct labor for January 105,100

Factory overhead for January 80,710

Goods finished during January (includes goods in process, January 1), 63,500 units -

Work in process, January 31, 3,900 units, 10% completed -

Reference no: EM132715263

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