X S5-20 (similar to) Question Help Fresh 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 per equivalent unit. (Click the icon to view additional data.) Complete Step 5 of the process costing procedure: Assign costs to units completed and to units in ending inventory (For accounts with a 0 balance, make sure to enter "o" in the appropriate cell. Enter quantities first, then other amounts in the same order as presented.) Fresh Springs Bottling Department Assigning Costs Transferred- in Direct Materials Conversion Costs Total Completed and transferred out: $ 30,000 Ending work in process: Total costs accounted for Choose from any list or enter any number in the input fields and then click Check Answer. barts showing Clear All Check Answer X S5-20 (similar to) Fresh Springs produces premium bottled water. In the Bottling Department, workers bottle the filtered water and added until the end of the process. May data from the Bottling Department follow 0 Reference Reference Fresh Springs Bottling Department Cost per Equivalent Unit Transferred. Direct Conversion Materials Costs 2,600 $ OS 2,638 130,000 30,000 55,730 Beginning work in process Plus: Costs added during May Total costs to account for Fresh Springs Bottling Department Flow of Physical Units and Computation of Equivalent Units Flow of Equivalent Units Physical Transferred Direct Conversion Flow of Production Units in Materials Costs Units to account for: Beginning work in process, May 1 2,000 Plus: Transferred in during May 154,000 156,000 Total physical units to account for Units accounted for: Completed and transferred out 150,000 150.000 150.000 150.000 Plus: Ending work in process, May 31 6,000 6,000 0 3.600 156,000 Total physical units accounted for 156.000 150.000 153,600 Total equivalent units 132,600 156,000 0.85 $ 30,000 150,000 58,368 153,600 Divided by: Total equivalent units 0.20 $ 0.38 Cost per equivalent unit Print Done Total costs accounted for Print Done Choose from any list or enter any number in the input fields and then click Check Answer Check Answer All parts showing Clear All