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The Sanding Department of Waterway Furniture Company has the following production and manufacturing cost data for March 2020, the first month of operation. Production: 7,340

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The Sanding Department of Waterway Furniture Company has the following production and manufacturing cost data for March 2020, the first month of operation. Production: 7,340 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 $37 224: labor $21100, overhead $42.023 Prepare a production cost report. (Round unit costs to 2 decimal places, eg, 2.25 and other answers to 0 decimal places, s. 125.) WATERWAY FURNITURE COMPANY Sanding Department Production Cost Report For the Month Ended March 31, 2020 Equivalent Units Physical Units Conversion Costs Materials Quantities Units to be accounted for Work in process, March 1 1030 Started into production Total units nt Due 3/10/21 Question 3 of 10 -/1 repare DUCATORS WATERWAY FURNITURE COMPANY Sanding Department Production Cost Report For the Month Ended March 31, 2020 Equivalent Units Physical Units Conversion Costs Materials 0 Quantities Units to be accounted for Work in process, March 1 Started into production Total units 10340 10340 Units accounted for Transferred out Work in process. March 31 230 7340 7340 bo0o 3000 3000 Total units 10340 10340 Conversion Costs Materials Costs Unit costs Total costs ent Due 3/10/21 Question 3 of 10 -/1 Conversion Costs Materials $ 37.224 $ 63123 Costs Unit costs Total Costs Equivalent units Unit costs $ $ 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 costa Question 3 of 10 Materials Costs Total 37224 100347 $ $ 63123 $ $ 0 100347 $ 100347 $

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