C Gmail ezto.mheducation.com/ext/map/index.html?.con-con&external browser=0&launchUrl=https%253A%252F%252Fims.mheducation.com%2 YouTube Maps 05A1 Part 1 of 15 0.66 points Required information Saved...
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C Gmail ezto.mheducation.com/ext/map/index.html?.con-con&external browser=0&launchUrl=https%253A%252F%252Fims.mheducation.com%2 YouTube Maps 05A1 Part 1 of 15 0.66 points Required information Saved [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): Print References June 1 balance Materials Direct labor Overhead June 30 balance Work in Process-Hixing Department Debit Credit 35,000 Completed and transferred to Finished Goods 120,205 80,500 98,000 The June 1 work in process inventory consisted of 5,100 units with $18,570 in materials cost and $16,430 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, 37,600 units were started into production. The June 30 work in process inventory consisted of 8,200 units that were 100% complete with respect to materials and 50% complete with respect to conversion. Mc Graw Hill iddleware%252Fmh Help Save & Exit Submit Check my work Required: 1. Prepare the journal entries to record the raw materials used in production and the direct labor cost incurred. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list View journal entry worksheet No Transaction General Journal Debit Credit Prev 1 2 3 15 of 15 Next > C Gmail ezto.mheducation.com/ext/map/index.html?.con-con&external browser=0&launchUrl=https%253A%252F%252Fims.mheducation.com%2 YouTube Maps 05A1 Part 1 of 15 0.66 points Required information Saved [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): Print References June 1 balance Materials Direct labor Overhead June 30 balance Work in Process-Hixing Department Debit Credit 35,000 Completed and transferred to Finished Goods 120,205 80,500 98,000 The June 1 work in process inventory consisted of 5,100 units with $18,570 in materials cost and $16,430 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, 37,600 units were started into production. The June 30 work in process inventory consisted of 8,200 units that were 100% complete with respect to materials and 50% complete with respect to conversion. Mc Graw Hill iddleware%252Fmh Help Save & Exit Submit Check my work Required: 1. Prepare the journal entries to record the raw materials used in production and the direct labor cost incurred. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list View journal entry worksheet No Transaction General Journal Debit Credit Prev 1 2 3 15 of 15 Next >
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