The sanding department of richards furniture company has, Accounting Basics

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The sanding department of richards furniture company has

Problem

The Sanding Department of Richards Furniture Company has the following production and manufacturing cost data for March 2014, the first month of operation. Production: 8, 530 units finished and transferred out; 3, 700 units started that are 100% complete as to materials and 20% complete as to conversion costs. Manufacturing costs: Materials $37, 913; labor $23, 550; overhead $40, 413. Prepare a production cost report.

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Accounting Basics: The sanding department of richards furniture company has

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