Help Required information The following information applies to the questions displayed below) Sanyo Corporation manufactures a popular model of business calculators in a suburb of Seoul, South Korea. The production process goes through two departments assembly and testing. The following information (in thousands of South Korean currency, the won) pertains to the testing department for the month of July. Work-in-Process Inventory, July 1 Transferred-in costs Costs added in July Direct materials Conversion 6,000 units 97,550 won (100% complete) 34,725 won (100% complete) 48,560 won (80% complete) During the month of July, 15,000 units were transferred in from the assembly department at the cost of 149.200 won, and the testing department added costs of 210,520 won as follows: Direct materials Conversion 96,720 WOD 113,800 won During the month, 18,000 units were completed and transferred to the warehouse. At July 31, the completion percentage of Work-in-process was as follows: Direct materials Conversion 905 603 o 99 earch Production Quantity Information Stage of Completion Physical Units Trans in Direct Materials Conversion 6,000 100% 100% 80% 15,000 21,000 Input: Beginning WIP Units started or trans-in Total in process Output: Units completed/trans-out Ending WIP Total out process 18,000 3.000 21.000 100% 90% 60% Equivalent Units: Weighted Average Trans-in 18,000 Units completed Eq units in ending WIP Equivalent units produced Direct Materials 18.000 2.700 20.700 Conversion 18,000 1 800 19.800 3,000 21 000 Unit Cost Determination (in Korean Won): Testing Department Cost Added (in Korean won) Help Required information The following information applies to the questions displayed below) Sanyo Corporation manufactures a popular model of business calculators in a suburb of Seoul, South Korea. The production process goes through two departments assembly and testing. The following information (in thousands of South Korean currency, the won) pertains to the testing department for the month of July. Work-in-Process Inventory, July 1 Transferred-in costs Costs added in July Direct materials Conversion 6,000 units 97,550 won (100% complete) 34,725 won (100% complete) 48,560 won (80% complete) During the month of July, 15,000 units were transferred in from the assembly department at the cost of 149.200 won, and the testing department added costs of 210,520 won as follows: Direct materials Conversion 96,720 WOD 113,800 won During the month, 18,000 units were completed and transferred to the warehouse. At July 31, the completion percentage of Work-in-process was as follows: Direct materials Conversion 905 603 o 99 earch Production Quantity Information Stage of Completion Physical Units Trans in Direct Materials Conversion 6,000 100% 100% 80% 15,000 21,000 Input: Beginning WIP Units started or trans-in Total in process Output: Units completed/trans-out Ending WIP Total out process 18,000 3.000 21.000 100% 90% 60% Equivalent Units: Weighted Average Trans-in 18,000 Units completed Eq units in ending WIP Equivalent units produced Direct Materials 18.000 2.700 20.700 Conversion 18,000 1 800 19.800 3,000 21 000 Unit Cost Determination (in Korean Won): Testing Department Cost Added (in Korean won)