Question: Function: SUM; Formulas: Multiply, Divide, Cell References Using Excel To Prepare a Production Report The Sanding Department of Quik Furniture Company has the following

Function: SUM; Formulas: Multiply, Divide, Cell References Using Excel To Prepare aProduction Report The Sanding Department of Quik Furniture Company has the following

Function: SUM; Formulas: Multiply, Divide, Cell References Using Excel To Prepare a Production Report The Sanding Department of Quik Furniture Company has the following production and manufacturing cost data for March 2022, the first month of operation. Production Units in process, March 1 Student Work Area Required: Provide input into cells shaded in yellow in this template. Use mathematical formulas with cell references to the Problem or the work area as indicated. Use the SUM function for totals as indicated. Prepare a production cost report. Units in process, March 31 3,000 Units finished and transferred out 7,000 Units transferred out, percentage complete 100% Units in process, March 31 Direct materials - percentage complete 100% Conversion costs - percentage complete 20% Quantities Manufacturing costs Costs of units in process, March 1 Costs added during April Materials Labor 33,000 Total units 21,000 Overhead 36,000 Quik Furniture Company Sanding Department Production Cost Report For the Month Ended March 31, 2022 Physical Units Materials Conversion Costs Total units

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