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 UNITS Units to account for Beginning work-in-process Transferred in Month Ended October 31 Equivalent Units Physical Transferred Direct Conversion Units In Materials Costs 2,300 6.800 9.100 Total units to account for Units accounted for Completed and transferred out 4.100 4,100 n/a 4.100 Ending work-in-process 5,000 5.000 n/a 2.000 9.100 9.100 n/a 6,100 Total units accounted for COSTS Costs to account for: Total costs to account for Cost per equivalent unit More info Transferred Direct Conversion Total In Materials Costs Costs n/a n/a n/a n/a n/a 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 6.800 units Completed during the period 4,100 units Ending Work-in-Process Inventory (40% complete for conversion work) 5.000 units COSTS 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 671,000 Conversion costs added during the period 49,000 Print Done