The Sanding Department of Quik Furniture Company has the following production and manufacturing cost data for March 2022, 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
	Overhead			36,000
Instructions
Prepare a production cost report.