In: Accounting
The Sanding Department of Quik Furniture Company has the
following production and manufacturing cost data for March 2020,
the first month of operation.
Production: 6,940 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 $38,766; labor $20,500;
overhead $43,213.
Prepare a production cost report. (Round unit costs to
2 decimal places, e.g. 2.25 and other answers to 0 decimal places,
e.g. 125.)
QUIK FURNITURE COMPANY |
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Equivalent Units |
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Quantities |
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Conversion |
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