Cool and Clear 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 $1,500, direct labor of $700, and manufacturing overhead of $330. March data for the Bottling Department follow: (Click the icon to view the data.) Data table Cool and Clear Company Work-in-Process Inventory-Bottling Month Ended March 31, 2024 - Dollars Units Transferred In Direct Direct Materials Labor Manufacturing Total Overhead Costs Beginning inventory, Mar. 1 (40% complete) 9,000 $ 1,500 $ 700 $ 330 $ 2,530 Production started 166,000 135,000 $ 30,400 33,800 15,600 214,800 Transferred out 152,000 Ending inventory, Mar. 31 (70% complete) 23,000 Print Done Costs accounted for: Total costs accounted for Units accounted for: Completed and transferred out Ending work-in-process Total units accounted for Transferred Direct Conversion Total COSTS In Materials Costs Costs Costs to account for: Total costs to account for Cost per equivalent unit Requirement 2. Post all transactions to the Work-in-Process Inventory-Bottling T-account. What is the ending balance? Enter the beginning balance, "Bal. Feb. 28", and then post all transactions to the Work-in-Process Inventory-Bottling T-account using the appropriate descriptions as posting references. Calculate and enter the ending balance of the account, "Bal. Mar. 31", on the appropriate side of the T-account. Work-in-Process Inventory-Bottling