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[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 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 won) pertains to the testing department for the month of July. Work-in-Process Inventory, July 1 6,000 units Transferred-in costs 60,450 won (100% complete) Direct materials 24,155 won (100% complete) Conversion 25,040 won (80% complete) During the month of July, 15,000 units were transferred in from the assembly department at the cost of 142,200 won, and the testing department added costs of 202,400 won, as follows: Direct materials 92,800 won Conversion 109,600 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 90% Conversion 60% Required Using the weighted average method, compute the following: 1. Equivalent units for transferred-in, materials, and conversion. 2. Cost per equivalent unit for transferred-in, materials, and conversion. (Round "Cost per EU" answers to 2 decimal places.) 3. Cost of inventory that was completed and transferred out of the department. 4. Cost of the ending Work in Process (showing how much of the cost consisted of transferred-in, direct materials, and conversion)

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