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Chapter 4 9 Part 9 of 15 1 points Check my work mode: This shows what is correct or incorrect for the work you
Chapter 4 9 Part 9 of 15 1 points Check my work mode: This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion. Required information i The Foundational 15 (Algo) [LO4-1, LO4-2, LO4-3, LO4-4, LO4-5] [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): Return to question June 1 balance Materials Direct labor Overhead June 30 balance Work in Process-ixing Department Debit Credit Completed and transferred to Finished Goods 42,000 136,400 87,500 105,000 The June 1 work in process inventory consisted of 5,800 units with $22,280 in materials cost and $19,720 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, 38,300 units were started into production. The June 30 work in process inventory consisted of 9.600 units that were 100% complete with respect to materials and 50% complete with respect to conversion
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