Question
Blue Water Company produces premium bottled water. In the second department, the Bottling Department, conversion costs are incurred evenly throughout the bottling process, but
Blue Water Company produces premium bottled water. In the second department, the Bottling Department, conversion costs are incurred evenly throughout the bottling process, but packaging materials are not added until the end of the process. Costs in beginning Work-in-Process Inventory include transferred in costs of $1,100, direct labor of $700, and manufacturing overhead of $330. March data for the Bottling Department follow: (Click the icon to view the data.) Read the requirements. Requirements 1. Prepare a production cost report for the Bottling Department for the month of March. The company uses the weighted-average method. 2. Prepare the journal entry to record the cost of units completed and transferred out. 3. Post all transactions to the Work-in-Process Inventory-Bottling T-account. What is the ending balance? - X method. (Complete all input fields. ation used: EUP = equivalent units hing overhead of $330. March data for the Bottling Department follow. BEE (Click the icon to view the data.) Read the requirements. Data table Blue Water Company Work-in-Process Inventory-Bottling Month Ended March 31, 2024 Beginning inventory, Mar. 1 (40% complete) Production started Transferred out Ending inventory, Mar. 31 (70% complete) y include transferred in co Dollars Units Transferred Direct In Direct Manufacturing Total Materials Labor Overhead Costs 10,000 $ 1,100 $ 700 $ 330 $ 2,130 165,000 135,400 $ 30,400 33,500 15,900 215,200 152,000 D 23,000
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