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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
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 cost method to account for units and costs. Its work-in-process T-account for the Mixing Department for June follows (all forthcoming questions pertain to June): June 1 balance Materials Direct labour Overhead Work in Process-Mixing Department 32,000 141,245 90,500 108,000 Completed and transferred to Finished Goods June 30 balance The June 1 work-in-process inventory consisted of 4.900 pounds with $17,380 in materials cost and $14,620 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, 37,400 pounds were started into production. The June 30 work in process inventory consisted of 7,800 pounds that were 100% complete with respect to materials and 50% complete with respect to conversion. Required: Prepare the journal entries to record the raw materials used in production and the direct labour cost incurred. View transaction list Journal entry worksheet < 1 2 Record the raw materials used in production.. Required: Prepare the journal entries to record the raw materials used in production and the direct labour cost incurred View transaction list Journal entry worksheet < 1 2 Record the raw materials used in production. Note: Enter debits before credits. Transaction 1 General Journal Debit Credit View general journal Record entry Clear entry
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