The Sanding Department of Richards Furniture Company has the following production and manufacturing cost data for March 2014.

Production: 9,000 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 $33,000; labor $24,000, overhead $36,000

1. Determine the equivalent units of production for materials & conversion costs. 2. Compute unit costs and prepare a cost reconciliation schedule