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16-7. Both pictures are for the same problem. Thank you! The Sanding Production: 6,250 units finished and transferred out: 3,000 units started that are 100%
16-7. Both pictures are for the same problem. Thank you! The Sanding Production: 6,250 units finished and transferred out: 3,000 units started that are 100% complete as to materials and 20% complete as to conversion costs. Manufacturing costs: Materials $34,965; labor $21,500; overhead $35,218 Prepare a production cost report. (Round unit costs to 2 decimal places, e.g. 2.25.) of Quik Furniture Company has the following and manufacturing cost data for March 2017, the first month of operation Production Cost Report Equivalent Units Physical Units Conversion Costs Materials Quantities Units to be accounted for Work in process, March 1 Started into production Total units Units accounted for Transferred out Work in process, March 31 Total units Total units Units accounted for Transferred out Work in process, March 31 Total units Conversion Costs Materials Total Costs Unit costs Total Costs Equivalent units Unit costs Costs to be accounted for Work in process, March1 Started into production Total costs Cost Reconciliation Schedule Costs accounted for Transferred out Work in process, March 31 Materials Conversion costs Total costs
16-7. Both pictures are for the same problem. Thank you!
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