o 3,000 7,000 100% Units in process, March 31 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 Units in process, March 311 Units finished and transferred out Units transferred out, percentage complete 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. Quk Furniture Company Sanding Department Production Cost Report For the Month Ended March 31, 2022 Direct materials percentage complete 100% Conversion costs- percentage complete 20% Quantities Physical Units Materials Conversion Costs Manufacturing costs Costs of unts in process, March 1 Costs added during April 1 Materials 33,000 Units to be accounted for Work in process March 1 Started into production Total units 10,000 10,000 Labor Overhead 21,000 36,000 Units to be accounted for Transferred out 7,000 7,000 Total units Costs Unit costs Cost Reconciliation Schedule Total costs Materials Conversion costs Total costs Materials Conversion Costs Total