The Sanding Department of Quik Furniture Company has the following production and manufacturing cost data for March 2017, the month of operation. Production: 7,060 units finished and transferred out; 3,000 units started that are 100% complete as to materials and 20% complete conversion costs. Manufacturing costs: Materials $39,133; labor $21,100; overhead $40,103. Prepare a production cost report. (Round unit costs to 2 decimal places, e.g. 2.25.) QUIK FUR URE COMPANY Sanding Depa Production Cost Report For the Month Ended March 31, 2017 Equivalent Units Physical Units Conversion Costs Quantities Units to be accounted for Materials Work in process, March 1 Started into production 7060 Total units 7060 Units accounted for Transferred out Work in process, March 31 Total units Conversion Costs Total Materials