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Refreshing Water Company produces premium bottled water. In the second department, the Bottling Department, conversion costs are incurred evenly throughout the bottling 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 $1,400, direct labor of $700, and manufacturing overhead of $330. March data for the Bottling Department follow: E: (Click the icon to view the data.) Read the requirements Requirement 1. Prepare a production cost report for the Bottling Department for the month of March. The company uses the weighted 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.) Refreshing Water Company Production Cost Report - Bottling Department Month Ended March 31, 2024 Equivalent Units Physical Transferred Direct Conversion Units In Materials Costs UNITS Units to account for: Total units to account for Units accounted for Total units accounted for Data Table - X Refreshing Water Company Work-in-Process Inventory-Bottling Month Ended March 31, 2024 Dollars Transferred Direct Units In Materials Beginning inventory, Mar. 1 (40% complete) 15,000 $ 1,400 Production started 160,000 135,100 $ 30,400 Transferred out 152,000 Ending inventory, Mar. 31 (70% complete) 23,000 Direct Manufacturing Labor Overhead Total Costs $ 700 $ 330 $ 2,430 33,100 16,300 214,900 Print Done i . Requirements 1. Prepare a production cost report for the Bottling Department for the month of March. The company uses the weighted average method. 2. Prepare the journal entry to record the cost of units completed and transferred out. 3. Post all transactions to the Work-in-Process InventoryBottling T-account. What is the ending balance? Print Done