Exercise 4.23 Your answer is partially correct. Try again The sanding department of Hanninen Furniture Company has the following production and manufacturing cost data for March 2020, the first month of operation Production: 10,950 units finished and transferred out: 3,640 units started that are 100% complete in terms of materials and 25% complete in terms of conversion costs. Manufacturing costs materials $48,147; labour $41,500; overhead $34,404 Prepare a production cost report. (Round unit costs to 2 decimal places, e... 15.25.) HANNINEN FURNITURE COMPANY Sanding Department Production Cost Report For the Month Ended March 31, 2020 Equivalent Units Physical Conversion Units Materials Costs Quantities Units to be accounted for Total Work in process, March 1 Started into production III Total units Units accounted for Transferred out 10950 Work in process, March 31 Total units Costs Unit costs Costs in March 48147 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 II Conversion costs DO Total costs