Mountain Springs produces premium bottled water. Mountain Springs purchases artesian water, stores the water in large tanks, and then runs the water through two processes: filtration and bottling. At Mountain Springs, water is added at the beginning of the filtration process. Conversion costs are added evenly throughout the process, and in May, 120,000 liters have been completed and transferred out of the Filtration Department into the Bottling Department. The 90,000 liters remaining in the Filtration Department's ending work in process inventory are 80% of the way through the filtration process. Mountain Springs has no beginning inventories. During May, the filtration process incurs the following costs in processing 210,000 liters: B (Click the icon to view the costs.) Read the requirements. 1. Fill in the time line for the filtration process. i Data Table Start Complete Complete Wages of workers operating the filtration equipment ...... $ Wages of workers operating ozonation equipment.........$ Manufacturing overhead allocated to filtration. .............. $ Water ................................$ 10,700 12,550 24,200 150,000 Print Print Done Done ] 2. Complete the first two steps of the process costing procedure for the Filtration Department: summarize the physical flows of units and then compute the equivalent units of direct materials and conversion costs. (For entries with a 0 balance, make sure to enter "O" in the appropriate cell.) Mountain Springs Filtration Department Flow of Physical Units and Computation of Equivalent Units Equivalent Units Flow of Physical Units Direct Materials Conversion Costs 1 Data Table Flow of Production Units to account for: Total physical units to account for Wages of workers operating the filtration equipment ...... $ Wages of workers operating ozonation equipment .........$ Manufacturing overhead allocated to filtration............. $ Water ........ $ 10,700 12,550 24,200 150,000 Units accounted for: W a ter .................................... 0 TOU Print Done Total physical units accounted for Total equivalent units Mountain Springs produces premium bottled water. Mountain Springs purchases artesian water, stores the water in large tanks, and then runs the water through two processes: filtration and bottling. At Mountain Springs, water is added at the beginning of the filtration process. Conversion costs are added evenly throughout the process, and in May, 120,000 liters have been completed and transferred out of the Filtration Department into the Bottling Department. The 90,000 liters remaining in the Filtration Department's ending work in process inventory are 80% of the way through the filtration process. Mountain Springs has no beginning inventories. During May, the filtration process incurs the following costs in processing 210,000 liters: B (Click the icon to view the costs.) Read the requirements. 1. Fill in the time line for the filtration process. i Data Table Start Complete Complete Wages of workers operating the filtration equipment ...... $ Wages of workers operating ozonation equipment.........$ Manufacturing overhead allocated to filtration. .............. $ Water ................................$ 10,700 12,550 24,200 150,000 Print Print Done Done ] 2. Complete the first two steps of the process costing procedure for the Filtration Department: summarize the physical flows of units and then compute the equivalent units of direct materials and conversion costs. (For entries with a 0 balance, make sure to enter "O" in the appropriate cell.) Mountain Springs Filtration Department Flow of Physical Units and Computation of Equivalent Units Equivalent Units Flow of Physical Units Direct Materials Conversion Costs 1 Data Table Flow of Production Units to account for: Total physical units to account for Wages of workers operating the filtration equipment ...... $ Wages of workers operating ozonation equipment .........$ Manufacturing overhead allocated to filtration............. $ Water ........ $ 10,700 12,550 24,200 150,000 Units accounted for: W a ter .................................... 0 TOU Print Done Total physical units accounted for Total equivalent units
