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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: 7000

The sanding Department of Quik furniture Company has the following production and manufacturing cost data for March 2017, the first month of operation.

Production: 7000 Units finished and transferred out: 3000 units started that are 100% complete as to materials and 20% complete as to conversion costs.

Manufacturing costs: Material $33000, Labor $21000, overhead $36000

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