Refer to the Canadian Springs Bottling Department Data Set February data
Refer to the Canadian Springs Bottling Department Data Set.
February data from the Bottling Department follow:
1. Draw a time line similar to the one in Exhibit 5-10.
2. Complete the first two steps of the process costing procedure for the Bottling Department: summarize the physical flow of units and then compute the equivalent units of direct materials and conversion costs. Your answer should look similar to Exhibit 5-12.
Canadian Springs Data Set: Bottling Department
Canadian Springs produces premium bottled water. The preceding Short Exercises considered Canadian Springs first process—filtration. We now consider Canadian Springs second process—bottling. 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.
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