Clear Spring Company produces premium bottled water. In the second department, the Bottling Department, conversion costs are incurred process. Costs in beginning Work-in-Process Inventory include transferred in costs of $1,900, direct labor of $700, and manufacturing over (Click the icon to view the data.) Read the requirements Requirement 1. Prepare a production cost report for the Bottling Department for the month of March. The company uses the weighted avere amounts to the nearest cent and all other amounts to the nearest whole dollar. Abbreviation used: EUP = equivalent units of production) Clear Spring Company Production Cost Report - Bottling Department Month Ended March 31, 2024 Equivalent Units Physical Transferred Direct Conversion Units In Materials UNITS Costs Units to account for Total units to account for Units accounted for Total units accounted for sts are incurred evenly throughout the bottling process, but packaging materials are not added until the end of the ufacturing overhead of $330. March data for the Bottling Department follow: e weighted average method. (Complete all input fields. Enter a "O" for any zero balances. Round all cost per unit production.) Data Table Clear Spring Company Work-in-Proceis Inventory-Bottling Month Ended March 31, 2024 Dollars Transferred Direct Units In Materials Beginning inventory, Mar. 1 (40% complete) 8,000 $ 1.900 Production started 167,000 134,800 $ 30,400 Transferred out 152,000 Ending inventory, Mar. 31 (70% completo) 23,000 Total Costs Direct Manufacturing Labor Overhead 700 $ 330 $ 33.500 15,900 2.930 214,400 Print Done 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? Print Done