Chill SpringsChill Springs produces premium bottled water. Is it bottling? Department, workers bottles filtered water and put the bottles in boxes. Do conversion costs occur evenly throughout bottling? however, packaging materials are not added until the end of the process. February data from the Bottling Department? to follow:

Business start-up costs			Costs added
process inventory			during February
transferred	980 dollars		Transmitted*	133.000 $
Direct materials	0		Direct materials	32.130
direct workforce	620		direct workforce	33.200
Production load	776		Production load	22.310
Total startup work in progress			Total cost added
February 1 inventory	$2,376		during February	$220,640
*Filtration Department completed and transferred 153,000 liters at a total cost of $133,000.

Chill Springs

Bottling Department

Allocation of Costs

transferred

directly

convert

Assign costs:

Costs

Materials

Costs

Total

Completed and transferred

153.000

X (

$0.87

+

$0.21 dollars

+

$0.37

)

221.850 $

Finishing work in process inventory:

Transferred costs

1.000

X

$0.87

870

Direct materials

0

X

$0.21 dollars

0

Conversion costs

800

X

$0.37

296

Total finished work in the process inventory

1.166

Calculated total costs

223.016 $

Requirement 1. Prepare the journal entry to record the cost of units completed and transferred to finished goods. ?(First post debits, then post credits. No explanation required.)

??

Journal Entry
History		accounts	debt	Credit

Requirement 2. Register all transactions at ? "Process In Progress

Inventory long line—?Botting"

Determine the ?T-account and ending balance. ? (Leave unused cells blank.)

Working in Process Inventory—Bottle
Honey. February 1
Honey. February 28