ing a production cost report, second department with beginning p18-40B Preparin report, second department with begining WIP; decision making .Bound uses three processes to manufacture lifts for personal watercrafts: forming a lift's s Balvan e Bound usest from galvanized steel, assembling the lift, and testing the completed lift. The rransferred to finished goods before shipment to marinas across the country. arts Lake Bound's Testing Department requires no direct materials, Conversion costs incurred evenly throughout the testing process. Other information follows for October 2016: UNITS Beginning Work-in-Process Inventory Transferred in from Assembling Department during the period Completed during the period Ending Work-in-Process Inventory (40% complete for conversion work) COSTS 2,100 units 7,300 units 4,300 units 5,100 units Beginning Work-in-Process Inventory (transferred in costs, $93,200; $111,500 conversion costs, $18,300) Transferred in from the Assembly Department during the period 687,000 76,800 Conversion costs added during th period