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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

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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) Work in Process-Mixing Department June 1 balance 43,800 Completed and transferred to Finished Goods Materials 138,925 Direct labor 88,500 Overhead 106, June 3e balance The June 1 work in process inventory consisted of 5,900 units with $22,770 in materials cost and $20.230 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, 38,400 units were started into production. The June 30 work in process inventory consisted of 9,800 units that were 100% complete with respect to materials and 50% complete with respect to conversion 7. What is the cost of beginning work in process inventory plus the cost added during the period for conversion? Totalco of cowon PS 15 of 16 !!! Next >

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