E3-7 The Sanding Department of Quik Furniture Company and manufacturing cost data for March 2017, the first month of operation. has the following production Prepare a producr report (LO 3,4). AP Production: 7,000 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 $33,000; labor $21,000; and overhead $36,000. XLS Instructions Prepare a production cost report