Refer to the Arctic Springs Bottling Department Data Set and your answer to S5-18. Complete Steps 3 and 4 of the process costing procedure: Summarize total costs to account for and then compute the cost per equivalent unit for both direct materials and conversion costs
Arctic Springs Bottling Department Data
December data from the Bottling Department follow:
Beginning work in process inventory (45% of the way through the process) ... 9,000 liters
Transferred in from Filtration ........................................................................ 160,000 liters
Completed and transferred out to Finished Goods Inventory in
December ....................................................................................................... 147,000 liters
Ending work in process inventory (85% of the way through the bottling
process) .......................................................................................................... 22,000 liters

The Filtration Department completed and transferred out 160,000 liters at a total cost of $148,000.

Transcribed Image Text:

Costs in beginning work in process inventory Costs added during December Transferred in . Direct materials . Direct labor Manufacturing overhead Total beginning work in process inventory as of December 1 $4, 100 Transferred in O Direct materials 650 Direct labor 2,025 Manufacturing overhead Total costs added during December $148,000 30,870 35,000 25,291 $6.775 $239.161