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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): Debit June 1 balance Materials Direct labor Overhead June 30 balance Work in Process-Mixing Department Credit 28,000 Completed and transferred to Finished Goods 148,905 94,500 112,600 The June 1 work in process inventory consisted of 4.500 units with $15,020 in materials cost and $12.980 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, 37.000 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. . Hone er Layout Form Dute Cart W-M Welt Menili $20.000 31 54. Seda SEL 5210 O new M WP 4. SI Con 32 Bi Deco IT for try to Head w Married user Debe C 20 W M workinom Sy was any and the bad CAP Det Cred W 11 - rted all theateral ) 4,900 30 17:00 31 100 Cape Towers out 12.000 Con the website for Mario & Cane Mai Cortin CW code 10 41 Casting Table Com towi Cur! und wir Our Godshed Total Jumaty where a contro Det w WS Caution Tatiana Tutte e Arte Shell TO a . 51 14 52 Journal Entry to Record the Transfer of Costs from WIP to FG S3 Debit Credit 54 RG 55 WIP 56 15 57 Cost Reconciliation 58 Total Costs of Bagni WIP 59 Costs added to Production 50 Total Cost to be Accounted for 61 Costs of Ending W 2 Couts of Unit Transferred Out 6 Total Costs Amounted for 54

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