Aussie Yarn is a U.S. producer of woollen yarn made from wool imported from Australia. Material is added in the beginning of processing, and conversion costs are added evenly throughout processing. Aussie began the month of August with 7,000 units in process that were 100 percent complete as to materials and 70 percent complete as to labor and overhead. It started 34,000 units into production during the month of August of which 8,000 remained in ending Work in Process inventory and were 50 percent complete as to conversion costs. The cost data are as follows: 

Beginning work in process: 

Direct materials.........................................$ 6,000 

Direct labor...................................................2,000 

Manufacturing overhead............................2,500 

...................................................................$10,500 

Costs added during August:

Direct materials.......................................$26,390 

Direct labor................................................12,430 

Manufacturing overhead.........................14,520 

..................................................................$53,340 

Required 

Prepare a production cost report for the month of August.