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help Cool Spring Company produces premium bottled water. In the wecond department, the Bottling Department, conversion costs are incurred evenly throughout the botting process, but
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Cool Spring Company produces premium bottled water. In the wecond department, the Bottling Department, conversion costs are incurred evenly throughout the botting process, but packaging materials are not added unta the end of the process. Costs in beginning Work-in-Process inveritory include transfered in costs of $1,800, direct labor of $600, and manutacturing overhead of $530. March data for the Botting Department foliow (Click the icon to viow the data.) Requirement 1. Prepare a production cost report for the Botbing Department for the month of March. The company uses the woighted-average method. (Complete all input fields. Enter a "0" for any zero balances. Round all cost per unit amounts to the nearest cent and all other amounts to the nearest whole dollar, Abbreviation used: EUP = equivalent units, of production.) Cool Spring Company produces premium botlled water, In the second department, the Bottling Department, corversion costs are incurred evenly throughout the botting 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 $1,800, direct labor of $600, and manufacturing overhead of $530. March data for the Botting Department follow: Click the icon to viow the data.) Requirement 2. Post all transactions to the Work-in-Process Inventory-Botting 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-Botting 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. Data table Step by Step Solution
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