Answer:
Quik Furniture Company
Production cost report - Sanding department
Month ended on March 31, 2020
Units Physical units Equivalent units
Materials Conversion
Units started 9,240
<u>in production </u>
Completed and 6,240
transferred out
<u>Work in progress 3,000 600 </u>
Total units 6,240 3,000 600
accounted for
Costs Direct Conversion Total
materials costs
Beginning WIP $0 $0 $0
Costs added during $36,960 $51,642 $88,602
<u>period </u>
Total costs $36,960 $51,642 $88,602
Cost per unit $4 $7.55 $11.55
(9,240 u.) (6,840 u.) (finished u.)
