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The Sanding Department of Quik Furniture Company has the following production and manufacturing cost data for March 2017, the first month of operation. Production: 7,140

The Sanding Department of Quik Furniture Company has the following production and manufacturing cost data for March 2017, the first month of operation. Production: 7,140 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 $35,490; labor $20,700; overhead $42,768. Prepare a production cost report. (Round unit costs to 2 decimal places, e.g. 2.25.

Unit costs

Total Costs

$enter a dollar amount

$enter a dollar amount

$enter a dollar amount

Equivalent units

enter the number of units enter the number of units

Unit costs

$enter a dollar amount

$enter a dollar amount

$enter a dollar amount

Costs to be accounted for

Work in process, March 1

$enter a dollar amount

Started into production

enter a dollar amount

Total costs

Costs accounted for

Transferred out

$enter a dollar amount

Work in process, March 31

Materials

$enter a dollar amount

Conversion costs

enter a dollar amountenter a subtotal of the two previous amounts

Total costs

$enter a total amount for this part of the report

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