Answer the question on the third image. An example and solution has been provided. The only thing that's different are the numbers.

6m E4.23 (L0 3, 4) The sanding department of Hanninen Furniture Company has the following production and manufacturing cost data for March 2020, the first month of operation. Prepare production cost report. Production: 11,000 units finished and transferred out; 4,000 units started that are 100% complete in terms of materials and 25% complete in terms of conversion costs. Manufacturing costs: materials $48,000; labour $42,000; overhead $36,000. Instructions Prepare a production cost report. EXERCISE 4.23 Physical Quantities Units Units to be accounted for Work In process, March 1 0 Started into production 15,000 Total units LEM Units accounted for Transferred out 1 1,000 Work In process, March 31 4,000 Total units m Costs Materials Unit costs Costs in March $48,000 Equivalent units 15,000 Unit costs (a) + (b) $3.20 HANNINEN FURNITURE COMPANY Sanding Department Production Cost Report For the Month Ended March 31, 2020 Costs to be accounted for Work in process, March 1 Started into production Total costs Cost Reconciliation Schedule Costs accounted for Transferred out (11,000 X $9.70) Work In process, March 31 Materials (4,000 3' $3.20) Conversion costs (1 ,000 X $6.50) Total costs Egulvalent Units Materials 1 1 ,000 4,000 m Conversion Costs $78,000 1 2,000 $5.50 $12,800 6,500 Conversion Costs 11 ,000 1,000 Total $126,000 $9.70 $ 0 126,000 M $106,700 19,300 (4,000 x 25%) *Exercise 4.23 The sanding department of Hanninen Furniture Company has the following production and manufacturing cost data for March 2020, the rst month of operation. Production: 10,750 units nished and transferred out; 3,440 units started that are 100% complete in terms of materials and 25% complete in terms of conversion costs. Manufacturing costs: materials $42,570; labour $40,300; overhead $37,487. Prepare a production cost report. (Round unit costs to 2 decimal places, e.g. 15.25. ) HANNINEN FURNITURE COMPANY Sanding Department Production Cost Report For the Month Ended March 31, 2020 ni n fr Work in process, March 1 Started into production Total units nit n f r Transferred out Work in process, March 31 Total units Costs nit Costs in March $ $ $ Equivalent units Unit costs $ $ $ Wow; Work in process, March 1 $ Started into production Total costs $ Cost Reconciliation Schedule Costs accounted for Transferred out $ Work in process, March 31 Materials $ Conversion costs Total costs $