SB02 Saved Help Save [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 wor) pertains to the testing department for the month of July. 6,000 units 97,550 won (100% complete) Work-in-Process Inventory, July 1 Transferred-in costs Costs added in July Direct materials Conversion 34,725 won (100% complete) 48,560 won (80% complete) During the month of July, 15,000 units were transferred in from the assembly department at the cost of 149,200 won, and the testing department added costs of 210,520 won, as follows: Direct materials Conversion 96,720 won 113,800 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 908 60% Sarvod Help Save & E 11 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.) 01 10 OR Process Cost Report Production Quantity Information Stage of Completion Physical Units Trans.in Direct Materials Conversion 100% 100% 80% 6,000 15,000 21,000 Input: Beginning WIP Units started or trans-in Total in process Output: Units completed/trans-out Ending WIP Total out process 18,000 3,000 21.000 100% 90% 60% Equivalent Units: Weighted Average Trans.in 18.000 Direct Materials 18.000 Conversion 18.000 Units completed CA nal ann ge GE 1954 here to search hp Required information 1 Equivalent Units: Weighted Average 1:09 57 Units completed Eq units in ending WIP Equivalent units produced Trans-in 18,000 3,000 21.000 Direct Materials 18,000 2,700 20,700 Conversion 18,000 1,800 19,800 Cost Added (in Korean won) Unit Cost Determination (in Korean won): Testing Department Trans.in Direct Materials Conversion Total 149 200 96.7204113 245,920 0 149,200 96,720 0 245.920 Beginning WIP Current costs Total Divide by equivalent units Cost per EU 0.00 Total Cost Assignment - Weighted Average (in Korean won) Completed and Trans-out WIP units units Finished goods Ending WIP 11 of 16 Next > 199 O BRE e to search