Question
The Sanding Department of Richards Furniture Company has the following production and manufacturing cost data for March 2014, the first month of operation.
Production: 9,100 units finished and transferred out; 4,200 units started that are 100% complete as to materials and 20% complete as to conversion costs.
Manufacturing costs: Materials $46,550; labor $24,320; overhead $39,296.
Prepare a production cost report.(Round unit costs to 2 decimal places, e.g. 2.25.)