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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.

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M946798

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