E 3-12 The Sanding Department of Jo Furniture Compan & Department of Jo Furniture Company has the following production and manufacturing cost data for March mufacturing cost data for March, 2017, the first month of operation. oduction: 11,000 units finished and transferred out; 4,000 units started that are 100% complete as to materials and 25% complete as to conversion costs. Manufacturing costs: Materials $48.000; labor $42,000; and overhead $36,000. Instructions: Instructions (a) Determine the equivalent units of production for (1) materials and conversion costs. (b) Compute unit costs and prepare a cost reconciliation schedule