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, thewon) pertains to the testing department for the month of July.
ezto.mheducation.com Question 7 - (3)16 homework Connect , i , ' r m will,\" Ch6 homework 0 Saved Help Saves. Exit Submit w Required information Problem 6-45 Weighted-Average Method; Transferred-in Costs [LO 6-2, 6-4, 6-6] 1'48 [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 El South Korean currency, the won) pertains to the testing department for the month of July. eBook _ WorkinProcess Inventory, July 1 6,000 units 5 Transferred-in costs 79,000 won (100% complete) pm\" Costs added in July Direct materials 29,440 won (100% complete) Conversion 36,800 won (80% complete) [ii 1 References During the month ofJuly, 15,000 units were transferred in from the assembly department at the cost of 145,700 won, and the testing department added costs of 206,460 won, as follows: Direct materials 94,760 won Conversion 111,700 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 9095 Conversion 60% Part 1 Mt Sinai\" ezto.mheducation.com C Assignments: A325 SP21-22169 Question 7 - Ch6 homework - Connect Sanyo Corporation Manufactures A Popular Model Of ... | Ch... Course Hero Ch6 homework i Saved Help Save & Exit Submit Check my work 7 Part 1 1.48 Required points 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.) Process Cost Report eBook Production Quantity Information Stage of Completion Physical Units Trans-in Direct Materials Conversion Print Input: Beginning WIP % % % n References Units started or trans-in Total in process Output: Units completed/trans-out Ending WIP % % % Total out process Equivalent Units: Weighted Average Trans-in Direct Materials Conversion Units completed Eq. units in ending WIP Equivalent units produced Unit Cost Determination (in Korean won): Cost Added (in Korean won) Testing Department Trans-in Direct Materials Conversion Total Mc Graw ezto.mheducation.com C Assignments: A325 SP21-22169 Question 7 - Ch6 homework - Connect Sanyo Corporation Manufactures A Popular Model Of ... | Ch... Course Hero Ch6 homework i Saved Help Save & Exit Submit Check my work 7 ! Required information Units completed 1.48 Eq. units in ending WIP points Equivalent units produced Unit Cost Determination (in Korean won): eBook Cost Added (in Korean won) Testing Department Trans-in Direct Materials Conversion Total Beginning WIP Print Current costs Total n Divide by equivalent units References Cost per EU Cost Assignment - Weighted Average (in Korean won) Completed and WIP Trans-out Total Finished go units Ending WIP units Trans-in costs Direct materials Conversion cost Total costs to account for KRW Mc Graw Hill Education
