SeaWorthy uses three processes to manufacture lifts for personal watercraft: forming a lift's parts from galvanized steel, assembling the lift, and testing the completed lift. Requirement 1. Prepare a production cost report for the Testing Department. (Round all cost per unit amounts to the n of production.) : The cost transferred into Finished Goods Inventory is the cost of the lifts transferred out of the Testing Department. SeaWorthy uses the weighted-average method. More info Requirement 2. What is the cost per unit for lifts completed and transferred out to Finished Goods Inventory? Why would management be interested in this cost? The cost per unit for lifts completed and transferred out to Finished Goods Inventory is per lift. Why would management be interested in the cost per unit for lifts completed and transferred out to Finished Goods Inventory? A. Managers use the cost per lift for external financial reporting-specifically to calculate the Cost of Goods Sold on the Income Statement. regain control over costs. C. Managers use the cost per lift for external financial reporting specifically to calculate the ending inventory balances on the Balance Sheet. D. All of the above are reasons why management would be interested in this cost per unit for lifts completed and transferred out to Finished Goods Inventory