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Beginning inventory, Mar. 1 (40% complete) Production started Transferred out Ending inventory, Mar. 31 (70% complete) Cool and Clear Company Work-in-Process Inventory-Bottling Month Ended March 31, 2024 Dollars Units Transferred In Direct Direct Manufacturing Total Materials Labor Overhead Costs 13,000 $ 1,800 $ 700 $ 330 $ 2,830 162,000 134,700 $ 30,400 33,600 15,800 214,500 152,000 23,000 Cool and Clear Company produces premium bottled water. In the second department, the Botting Department, conversion costs are incurred evenly throughout the botting process, but packaging materials are not added unt end of the process. Costs in beginning Work-in-Process Inventory include transferred in costs of $1,800, direct labor of $700, and manufacturing overhead of $330. March data for the Batting Department folow Click the icon to view the data) Requirement 1. Prepare a production cost report for the Hotting Department for the month of March. The company uses the weighted-average method. (Complete all input folds. 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 doliar Abbreviation used: EUP equivalent units of production) Cool and Clear Company Production Cost Report-Botting Department Month Ended March 31, 2024 Equivalent Units Physical Transferred UNITS Unita in Direct Materials Conversion Costs Units to account for Total units to account for Units accounted for Units accounted for: Total units accounted for Transferred Direct Conversion Total COSTS In Materials Costs Costs Costs to account for: Total costs to account for Cost per equivalent unit Costs accounted for: Cost per equivalent unit Costs accounted for: Total costs accounted for Requirement 2. Post at transactions to the Work-in-Process Inventory-Boting Taccount What is the ending balance? Enter the beginning balance "al Feb 20, and then post at actions to the Work in Process Inventory-Botting T-account using the appropriate descriptors as posting references Calculate and enter the ending balance of the account, a Mar 31, on the appropriate side of the T-account. Work-in-Process Inventory-Betting

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