BA225 Managerial Accounting: E3-7 The Sanding Department of Richards Furniture Company has

BA225 Managerial Accounting

E3-7
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.
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