Acc560 Managerial Accounting: E21-7 The Sanding Department of Ortiz Furniture Company

Acc560 Managerial Accounting

E21-7
The Sanding Department of Ortiz Furniture Company has the following production and manufacturing cost data for March 2010, the first month of operation.
Production: 12,000 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 $27,000; overhead $36,000.

Instructions
Complete the production cost report. (If answer is zero, please enter 0. Do not leave any fields blank.)
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