Exercise 17-7

Exercise 17-7 The Sanding Department of Quik Furnture Company has the following production and manufacturing cost da The Sanding Department of Quik Furniture Company has the following production and manufacturing Machoin, erartm entner ou ik erniture Company has the following production and manufacturing cost data for March 2017, the first month of operation. Production: 6,810 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 $32,079; labor $20,600; overhead $35,271. Prepare a production cost report. (Round unit costs to 2 decimal places, e.g. 2.25.)