Mountain Springs produces premium bottled water. In the Bottling Department, workers bottle the filtered water and pack the bottles into boxes. Conversion costs are incurred evenly throughout the bottling process, but packaging materials are not added until the end of the process. May data from the Bottling Department follow: (Click the icon to view the costs.) Click the icon to view additional data.) Complete Steps 3 and 4 of the process costing procedure: Summarize total costs to account for and then compute the cost per equivalent unit for both direct materials and conversion costs. Complete Steps 3 and 4 of the process costing procedure: Summarize total costs to account for and then compute the cost per equivalent unit for both direct materials and conversion costs. (For entries with a $0 balance, make sure to enter "O" in the appropriate cell. Round the cost per equivalent unit to two decimal places.) Mountain Springs Bottling Department Cost per Equivalent Unit Transferred Direct Conversion in Materials Costs Total costs to account for Mountain Springs Bottling Department Flow of Physical Units and Computation of Equivalent Units Flow of Equivalent Units Physical Transferred- Direct Flow of Production Units in Materials Conversion Costs Units to account for: Beginning work in process, May 1 8,000 160,000 Plus: Transferred in during May 168,000 Total physical units to account for Units accounted for: Completed and transferred out 154,000 154,000 14,000 154,000 14,000 154,000 11,200 0 Plus: Ending work in process, May 31 168,000 Total physical units accounted for 168,000 154,000 165,200 Total equivalent units - Data Table Costs in beginning work in process inventory Costs added during May Transferred in $ 1,650 Transferred in 136,000 Direct materials 0 Direct materials 30,800 Direct labor 550 Direct labor 33,726 570 22,484 Manufacturing overhead. Manufacturing overhead Total beginning work in process inventory $ 2,770 $ 223,010 as of May 1. Total costs added during May The Filtration Department completed and transferred out 160,000 liters at a total cost of $136,000. Print Done