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. Mountain Springs has no beginning inventories. During February, the filtration process incurred the following costs in processing 195,000 litres E: (Click the icon to view the costs.) 5 (Click the icon to view the assignment of costs.) Requirements 1. Record the journal entry to transfer the cost of the 150,000 litres completed and transferred out of the Filtration Department and into the Bottling Department. 2. Record all of the transactions in the "Work in Process InventoryFiltration" T-account. Requirement 1. Record the journal entry to transfer the cost of the 150,000 litres completed and transferred out of the Filtration Department and into the Bottling Department. (Record debits first, then credits. Explanations are not required.) Journal Entry Date - X Accounts Debit Credit Data table Data table $ 12,720 12,500 Wages of workers operating the filtration equipment Wages of workers operating ozonation equipment Manufacturing overhead allocated to filtration Water Mountain Springs Filtration Department Assignment of Costs Direct Materials Conversion Costs 150,000 x( $ 0.61 + S 0.27) 25,000 Total Manufacturing Overhead 118,950 $ 132,000 Completed and transferred out Ending work in process inventory: Direct materials Raw Materials Inventory 45.000 x $ 0.61 27,450 9,720 Wages Payable Conversion Costs 36,000 X $ 0.27 Print Done 37,170 Work in Process Inventory-Bottling Total cost of ending work in process inventory Total cost accounted for $ 169, 170 Work in Process Inventory_Filtration Print Done Help me solve this Video Get more help Clear all Check