Ch 3. The Sanding Department of Lex Furniture Company has the following production and manufacturing cost data for March 2017, the first month of operation. Production: 10,000 units finished and transferred out; 5,000 units started that are 100% complete as to materials and 25% complete as to conversion costs. Manufacturing costs: Materials $45,000; labor $42,000; overhead $36,750. Prepare a production cost report. Y 22 3 CODE