The Sanding Department of Richards Furniture Company has the following production and manufacturing cost data for March 2014, the first month of operation.
Production: 9,000 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 $33,000; Labor $24,000; Overhead $36,000
Prepare a production cost report.