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The Sanding Department of Sunland Furniture Company has the following production and manufacturing cost data for March 2022, the first month of operation. Production:

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The Sanding Department of Sunland Furniture Company has the following production and manufacturing cost data for March 2022, the first month of operation. Production: 8,120 units completed and transferred out; 3,480 units in ending work in process are 100% complete as to materials and 20% complete as to conversion costs. Manufacturing costs: Materials $37,120; labor $24,360; and overhead $41,760. Prepare a production cost report. (Round unit costs to 2 decimal places, e.g. 2.25 and other answers to O decimal places, eg. 125) SUNLAND FURNITURE COMPANY Sanding Department Production Cost Report Quantities Physical Units Materials Units to be accounted for Work in process, March 1 Started into production Total units Units accounted for: Completed and Transferred out Work in process, March 31 Total units Equivalent Units Conversion Costs Completed and Transferred out Work in process, March 31 Total units Costs Unit costs Total Costs Equivalent units Unit costs Cost Reconciliation Schedule: Costs to be accounted for Work in process, March 1 Materials $ $ Conversion Costs Cost Reconciliation Schedule Costs to be accounted for Work in process, March 1 Started into production Total costs Costs accounted for Completed and transferred out Work in process, March 31 Materials Conversion costs Total costs

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