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The sanding department of Cullumber Furniture Company has the following production and manufacturing cost data for March 2022, the first month of operation Production:
The sanding department of Cullumber Furniture Company has the following production and manufacturing cost data for March 2022, the first month of operation Production: 10,750 units completed and transferred out; 4,360 units in ending work in process are 100% complete in terms of materials and 25% complete in terms of conversion costs. Manufacturing costs: materials $46.841: labour $40,400; overhead $38.928 Prepare a production cost report. (Round unit costs to 2 decimal places, eg. 15.25) CULLUMBER FURNITURE COMPANY Sanding Department Production Cost Report For the Month Ended March 31, 2022 ~ Quantities Units to be accounted for Work in process inventory, March 1 Started into production Total units to be accounted for Units accounted for Completed and transferred out Work in process inventory, March 31 Costs Total units accounted for Unit costs Physical Units Direct Materials Equivalent Units Conversion Costs
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