The sanding department of Quick Furniture company has the following production and manufacturing cost data for August 2017, the first month of operation.

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.

Assignment: prepare a Production Cost Report