The Sanding Department of Cullumber Furniture Company has the following production and manufacturing cost data for March 2022, the first month of operation. Production: 7,420 units completed and transferred out; 3,180 units in ending work in process are 100% complete as to materials and 20% complete as to conversion costs. Manufacturing costs: Materials $33,920; labor $22,260; and overhead $38,160. Prepare a production cost report. (Round unit costs to 2 decimal places, e.g. 2.25 and other answers to O decimal places, eg. 125.)
The Sanding Department of Cullumber Furniture Company has the following production and manufacturing cost data for March 2022, the first month of operation. Production: 7,420 units completed and transferred out; 3,180 units in ending work in process are 100% complete as to materials and 20% complete as to conversion costs. Manufacturing costs: Materials $33,920; labor $22,260; and overhead $38,160. Prepare a production cost report. (Round unit costs to 2 decimal places, e.g. 2.25 and other answers to O decimal places, eg. 125.)
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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am. 105.
Transcribed Image Text:The Sanding Department of Cullumber Furniture Company has the following production and manufacturing cost data for
March 2022, the first month of operation.
Production: 7,420 units completed and transferred out; 3,180 units in ending work in process are 100% complete as to materials
and 20% complete as to conversion costs.
Manufacturing costs: Materials $33,920; labor $22,260; and overhead $38,160.
Prepare a production cost report. (Round unit costs to 2 decimal places, e.g. 2.25 and other answers to O decimal places, eg. 125.)
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