2 12 of 15 Required Information [The following information applies to the questions displayed below) Clopack Company manufactures one product that goes through one processing department called Mixing. All raw materials are introduced at the start of work in the Mixing Department. The company uses the weighted-average method of process costing. Its Work in Process T-account for the Mixing Department for June follows (all forthcoming questions pertain to June): Work in Process-Mixing Department 38,eee Completed and transferred to Finished Goods 123,7e5 82,5ea 182.ee June 1 balance Materials Direct labor Overhead June 38 balance Book Pint The June 1 work in process inventory consisted of 5,300 units with $20,680 in materials cost and $17,320 in conversion cost. The June 1 work in process inventory was 100% complete with respect to materials and 60% complete with respect to conversion. During June, 37,800 units were started into production. The June 30 work in process inventory consisted of 8,600 units that were 100% complete with respect to materials and 50% complete with respect to conversion 12. What is the cost of materials transferred to finished goods? (Round your intermediate calculations to 2 places.) Coat of materials tranuferred to finished goods Chapter 4 Homework Seved 13 0 Part 13 of 15 0.5 points Required information (The following information applies to the questions displayed below.) Clopack Company manufactures one product that goes through one processing department called Mixing. All raw materials are introduced at the start of work in the Mixing Department. The company uses the weighted-average method of process costing. Its Work in Process T-account for the Mixing Department for June follows (all forthcoming questions pertain to June): Work in Process-Mixing Department June 1 balance 38, ege Completed and transferred to Finished Goods Materials 123.705 Direct labor 82,50 Overhead 180,Bee June 30 balance DO PHY The June 1 work in process inventory consisted of 5.300 units with $20,680 in materials cost and $17,320 in conversion cost. The June 1 work in process inventory was 100% complete with respect to materials and 60% complete with respect to conversion. During June, 37,800 units were started into production, The June 30 work in process Inventory consisted of 8,600 units that were 100% complete with respect to materials and 50% complete with respect to conversion References 13. What is the amount of conversion cost transferred to finished goods? (Round your Intermediate calculations to 2 places.) Conversion coat transferred to finished goods