Exercise 21-7_Richards Furniture Company_Production cost report

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Exercise 21-7

The Sanding Department of Richards Furniture Company has the following production and manufacturing cost data for March 2014, the first month of operation.

Production: 12,070 units finished and transferred out; 2,600 units started that are 100% complete as to materials and 20% complete as to conversion costs.

Manufacturing costs: Materials $41,076; labor $28,840; overhead $47,959.

Prepare a production cost report

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      richards_furniture_company_weighted_average_method.xlsx