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( 2 2 , 0 6 9 unread ) - e . . . The Ultimate Drawi... Leam Touch lyping... apter 4 Assignment ! Required

(22,069 unread)- e...
The Ultimate Drawi...
Leam Touch lyping...
apter 4 Assignment
!
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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):
\table[[,,Work in Process-Mixing Department,],[June 1 balance,Debit,27,000,Completed and transferred'to Finished Goods],[Materials,154,205,,],[Direct labor,98,560,,],[Overhead,116,000,,],[June 30 balance,?,,]]
The June 1 work in process inventory consisted of 4,100 units with $14,700 in materials cost and $12,300 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, 36,600 units were started into production. The June 30 work in process inventory consisted of 9,40Q units that were 100% complete with respect to materials and 50% complete with respect to conversion.
5. Compute the equivalent units of production for conversion.
Equivalent units of production for conversion
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