Cool Spring Company Work-in-Process Inventory-Bottling Month Ended March 31, 2024 Dollars Units Transferred Direct In Direct Manufacturing Total Materials Labor Overhead Costs Beginning inventory, Mar. 1 (40% complete) 8,000 $ 1,600 $ 700 $ 330 $ 2,630 Production started 167,000 134,900 $ 30,400 33,700 15,700 214,700 Transferred out 152,000 Ending inventory, Mar. 31 (70% complete) 23,000 Cool Spring 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 $1,600, 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 Require Enter a of produ Requirements 4 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-Botting T-account What is the ending balance? UNITS Units to Print Done X rage method. (Complete all input fields bbreviation used: EUP equivalent units