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Richards Furniture 9000

Price: $1.99

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.

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