Production: 12,000 units finished and transferred out; 3,000 units started that are
100% complete as to materials and 40% complete as to conversion costs.
Manufacturing costs: Materials $36,000; labor $30,000; overhead $37,320.
Prepare a production cost report. There is no beginning work in process.
Please see the attached excel file for detailed step by step production cost ...
Excel file contains production cost report of Sanding Department of Han Furniture Company.