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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 D Units in process, March 1 0 1 Units in process, March 31 3.000 2 Units finished and transferred out 7,000 3 Units transferred out, percentage complete Units in process, March 31 4 Direct materials - percentage complete Conversion costs - percentage complete Manufacturing costs Costs of units in process, March 1 Costs added during April Materials Labor Overhead 3 4 5 5 7 3 3 D 1 2 3 4 5 5 7 3 9 D 1 2 3 1 5 5 7 $ 100% 100% 20% 33,000 21,000 36,000 || || 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. Quik Furniture Company Sanding Department Production Cost Report For the Month Ended March 31, 2022 Physical Units Quantities Materials Units to be accounted for Work in process March 1 Started into production Total units 10,000 10,000 Units accounted for Transferred out Work in process March 31 Total units Costs Unit costs Total cost Equivalent units Unit costs Cost Reconciliation Schedule Costs to be accounted for Work in process March 1 Work in process March 31 Total costs Units accounted for Work in process March 31 Materials Conversion costs Total costs Materials Conversion Costs Conversion Costs Total