The Sanding Department of Quik Furniture Company has the following production and manufacturing cost data for March 2017, the first month of operation. Production: 6,180 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 $29,009; labor $20,500; overhead $33,062. Prepare a production cost report. (Round unit costs to 2 decimal places, e.g. 2.25.) QUIK FURNITURE COMPANY 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 180 Total units 9180 Units accounted for 6180 600 6780 6180 6180 3000 9180 Transferred out 3000 Work in process, March 31 9180 Total units sisal 9180| 67801 Total units Costs Materials Costs Total Unit costs Total Costs Equivalent units Unit costs 29009-2509 9180 6780 Costs to be accounted for Work in process, March 1 Started into production Total costs Unit costs 3.1 7.7 Costs to be accounted for Work in process, March 1 Started into production Total costs Cost Reconciliation Schedule Costs accounted for Transferred out Work in process, March 31 Materials Conversion costs Total costs