Power Potables brews a special low-calorie craft beer that requires processing in six

different departments. The first two departments are malting and mashing. In the

malting department, the barley grain is prepared for brewing by going through a soaking

and drying process. The malt from the malting department is then transferred to the

mashing department, where the starch from the malt is converted into sugars that can

be fermented in a later process. Conversion costs are assumed to be added

continuously throughout all departments

Power Potables brews a special low-calorie craft beer that requires processing in six different departments. The rst two departments are matting and mashing. In the matting department. the barleyI grain is prepared for brewing by going through a soaking and drying process. The malt from the matting department is then transferred to the mashing department. where the starch from the malt is converted into sugars that can be fermented in a later process. Conversion costs are assumed to be added continuously throughout all departments. Summary data for maltlng department [October 2020} Direct materials, added at the beginning of the process 100.000 kg Direct materials cost $ 105.000 Conversion costs incurred during October $ 30.000 Work-in-prooess. Dot. 1: 2.000 kg. 00% complete: Direct materials cost $ 1.400 Conversion cost $ 000 Work-in-process. Oct. 31: 3.000 ltg. 50% complete. Required: Calculate the cost of goods transferred out of the malting department to the mashing department during Dctober and the cost of the matting department work-in-process inventory at Col. 31. assuming that Power uses {a} weighted average and {b} rst in. rst out {FIFD}. {Round all unit costs to four decimals.)