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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:
The sanding department of Sunland Furniture Company has the following production and manufacturing cost data for March 2022 , the first month of operation. Production: 11,150 units completed and transferred out; 3,680 units in ending work in process are 100% complete in terms of materials and 25% complete in terms of conversion costs. Manufacturing costs: materials $44,490; labour $40,650; overhead $36,598. Prepare a production cost report (Round unit costs to 2 decimal places, eg. 15.25.) SUNLAND FURNITURE COMPANY Sanding Department Production Cost Report For the Month Ended March 31, 2022 For the Year Ended March 31, 2022 Physical March 31, 2022 Conversion Units Direct Materials Costs Units accounted for Completed and transferred out Work in process inventory. March 31 Total units accounted for Costs Unitcosts Costs in March Equivalent units Unit costs Cost Reconciliation Schedule Costs to be accounted for Work in process inventory, March 1 Started into production Total costs to be accounted for 5onts accountedfor Completed and transferred out Work in process inventory, March 31 Direct materials Conversion costs Totai costs accounted for
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