Requirement 1. Prepare a production cost report for the Testing Department. (Round all cost per unit amounts to the nearest cent and all other amounts to the nearest whole dollar. Abbreviation used: EUP = equivalent units of production.) Sea Worthy Production Cost Report-Testing Department More info Month Ended October 31 Equivalent Units UNITS Units Physical Transferred In Direct Materials Conversion Costs Units to account for: Total units to account for Units accounted for: The lifts are transferred to Finished Goods Inventory before shipment to marinas across the country. Sea Worthy's Testing Department requires no direct materials. Conversion costs are incurred evenly throughout the testing process. Other information follows for the month of October: UNITS Beginning Work-in-Process Inventory 2,300 units Transferred in from Assembling Department during the period Completed during the period 6,800 units 4,100 units Ending Work-in-Process Inventory (40% complete for conversion work) 5,000 units n/a COSTS n/a Beginning Work-in-Process Inventory (transferred in costs, $93,400; conversion cost, $18,100) $ 111,500 Transferred in from the Assembly Department during the period Conversion costs added during the period 671,000 49,000 n/a Total units accounted for Print Done