The Sanding Department of Quik Furniture Company has the following production and manufacturing cost data for...
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The Sanding Department of Quik Furniture Company has the following production and manufacturing cost data for March 2020, the first month of operation. Production: 6,240 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 $36.960; labor $21,400; overhead $30.242. Prepare a production cost report. (Round unit costs to 2 decimal places, eg. 2.25 and other answers to O decimal places, e.g. 125.) QUIK FURNITURE COMPANY Sanding Department Production Cost Report For the Month Ended March 31, 2020 Quantities Units to be accounted for Workin process, March 1 Started into production Total units Units accounted for Transferred nut Physical Units Materials Equivalent Units Conversion Costs The Sanding Department of Quik Furniture Company has the following production and manufacturing cost data for March 2020, the first month of operation. Production: 6,240 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 $36.960; labor $21,400; overhead $30.242. Prepare a production cost report. (Round unit costs to 2 decimal places, eg. 2.25 and other answers to O decimal places, e.g. 125.) QUIK FURNITURE COMPANY Sanding Department Production Cost Report For the Month Ended March 31, 2020 Quantities Units to be accounted for Workin process, March 1 Started into production Total units Units accounted for Transferred nut Physical Units Materials Equivalent Units Conversion Costs
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