The Sanding Department of Quik Furniture Company has the following production and manufacturing cost data for March 2017, the first month of operation. Production: 10,020 units started which is comprised of 7,020 units finished and transferred out and 3,000 units started that are 100% complete as to materials and 20% complete as to conversion costs. Manufacturing costs: Materials $37,675; labor $21,400; overhead $38,569. Prepare a production cost report. (Round unit costs to 2 decimal places, e.g. 2.25.)

QUIK FURNITURE COMPANY Sanding Department Production Cost Report For the Month Ended March 31, 2017
				Equivalent Units
Quantities		Physical Units		Materials		Conversion Costs
Units to be accounted for
Work in process, March 1		enter the number of units
Started into production		enter the number of units
Total units		enter a total of the two previous numbers of units
Units accounted for
Transferred out		enter the number of units		enter the number of units		enter the number of units
Work in process, March 31		enter the number of units		enter the number of units		enter the number of units
Total units		enter a total of the two previous numbers of units		enter a total of the two previous numbers of units		enter a total of the two previous numbers of units
Costs				Materials		Conversion Costs		Total
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								$enter a total of the two previous amounts
Cost Reconciliation Schedule
Costs accounted for
Transferred out								$enter a dollar amount
Work in process, March 31
Materials						$enter a dollar amount
Conversion costs						enter a dollar amount		enter a subtotal of the two previous amounts
Total costs								$enter a total amount for this part of the report

2.

Rivera Company has several processing departments. Costs charged to the Assembly Department for November 2017 totaled $2,293,448 as follows.

Work in process, November 1
Materials		$79,000
Conversion costs		48,800		$127,800
Materials added				1,600,288
Labor				225,700
Overhead				339,660

Production records show that 34,600 units were in beginning work in process 30% complete as to conversion costs, 662,200 units were started into production, and 24,000 units were in ending work in process 40% complete as to conversion costs. Materials are entered at the beginning of each process.

(a)

Determine the equivalent units of production and the unit production costs for the Assembly Department. (Round unit costs to 2 decimal places, e.g. 2.25.)

		Materials		Conversion Costs
Equivalent Units
Cost per unit		$		$