urrent ALM Progress - Your answer is partially correct. The Sanding Department of Quik Furniture Company has the following production and manufacturing cost data for March 2017, the first month of operation Production: 7,330 units finished and transferred out; 3,000 units started that are 100% complete as to materials and 20% complete as to conversion costs. Manufacturing costs: Materials $36.981; labor $21,100; overhead $42.102. Prepare a production cost report. (Round unit costs to 2 decimal places, ey. 2.25.) QUIK FURNITURE COMPANY Sanding Department Production Cost Report For the Month Ended March 31, 2017 Equivalent Units Physical Units Conversion Costs Materials Prepare a production cost report. (Round unit costs to 2 decimal places, e. 2.25.) QUIK FURNITURE COMPANY Sanding Department Production Cost Report For the Month Ended March 31, 2017 Equivalent Units Quantities Physical Units Materials Conversion Costs Units to be accounted for Work in process, March 1 Started into production Total units 20330 Units accounted for Transferred out 7330 Work in process, March 31 800 Total units 7330 7330 13330 Costs Conversion Costs Materials Total Unit costs 200 Total units 7330 13330 Costs Conversion Costs Total Unit costs Total Costs 100083 Equivalent units Unit costs Costs to be accounted for Work in process, March 1 41781 Started into production 11988 Total costs 53769 Cost Reconciliation Schedule Costs accounted for Transferred out Work in process, March 31 Materials Conversion costs Total costs 53769 Cost Reconciliation Schedule Costs accounted for Transferred out Work in process, March 31 Materials Conversion costs Total costs eTextbook and Media