! 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. 6,000 units 86,950 won (100% complete) Work-in-Process Inventory, July 1 Transferred-in costs Costs added in July Direct materials Conversion 31,705 won (100% complete) 41, 840 won (80% complete) During the month of July, 15,000 units were transferred in from the assembly department at the cost of 147,200 won, and the testing department added costs of 208,200 won, as follows: Direct materials Conversion 95,600 won 112,600 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 60% Required 1. Prepare the production cost report of the testing department for the month of July using weighted average process costing. (Round "Cost per EU" answers to 2 decimal places.) Required 1. Prepare the production cost report of the testing department for the month of July using weighted average process costing. "Cost per EU" answers to 2 decimal places.) Answer is not complete. Process Cost Report Production Quantity Information Stage of Completion Physical Units Trans-in Direct Materials Conversion Input: Beginning WIP Units started or trans-in 100 % 18,000 % 100 X % 6,000 15,000 21,000 100 x 2.700 x Total to account for Output: Units completed/trans-out Ending WIP Total to account for 18,000 90 X % 20,700 X % 60% 3,000 21,000 Equivalent Units: Weighted Average Direct Materials Conversion 31,705 X Units completed Eq. units in ending WIP Equivalent units produced Trans-in 86,950 X 147,200 234,150 95,600 X 127,305 41,840 x 112,600 X 154,440 Cost Added (in Korean won) Unit Cost Determination (in Korean won): Testing Department Direct Materials Conversion Trans-in Total Beginning WIP 0 Current costs 0 Total 0 0 0 0 Divide by equivalent units Cost per EU 0.00 Cost Assignment - Weighted Average (in Korean won) Completed and Trans-out WIP Total Finished goods units Ending WIP units Trans-in costs Direct materials Conversion cost 0 Total cost accounted for 0 KRW