Question: Question 3 of4 - / 25 '5 View Policies Current Attempt in Progress The Sanding Department of Quik Furniture Company has the following production and




Question 3 of4 - / 25 '5 View Policies Current Attempt in Progress The Sanding Department of Quik Furniture Company has the following production and manufacturing cost data for March 2017, the rst month of operation. Production: 10,090 units started which is comprised of 7,090 units nished and transferred out and 3,000 units started that are 100% complete as to materials and 20% complete as to conversion costs. Manufacturing costs: Materials $40,360: labor $20,600: overhead $39,382. Prepare a production cost report. (Round unit costs to 2 decimal places, es. 2.25) QUIK FURNITURE COMPANY Sanding Department Production Cost Report For the Month Ended March 31, 2017 Equivalent Units Physical Conversion Quantities Units Materials Costs Units to be accounted for Work in process. March 1 Question 3 of4 - / 25 E QUIK FURNITURE COMPANY Sanding Department Production Cost Report For the Month Ended March 31, 2017 Equivalent Units Physical Conversion Quantities Units Materials Costs Units to be accounted for Work in process, March 1 Started into production Total units Units accounted for Transferred out Question 3 of4 - / 25 i: Units accounted for Transferred out Work in process, March 31 Total units Conversion Costs Materials Costs Tota Unit costs Total Costs $ $ $ Equivalent units Unit costs $ 5 $ process, March 1 Started into production Total costs Cost Reconciliation Schedule Costs accounted for Transferred out Work in process, March 31 Materials Conversion costs
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