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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 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) Work In Processing Department June 1-balance 28.000 Completed and transferred to Finished Goods Materials 130,000 Direct labour 97.000 79,500 Overhead une balance The June I work in process inventory consisted of 5.000 pounds with 516,000 in materials cost and $12.000 in conversion cost The June 1 work in process inventory was 100% complete with respect to materials and 50% complete with respect to conversion. During June 37500 pounds were started into production The June 30 work in process inventory consisted of 8.000 pounds that were 100 complete with respect to materials and 40% complete with respect to conversion Required: 1. Prepare the jour entries to record the words used in protect and the direction cost contraried for a transicion event telect "No journal entry could is the secounted 2. Prepare the journal entry to record the overhead cost applied to production (if no entry is required for a transaction event, colect "No journal entry required in the first account field.) 14 Prepare the journal entry to record the transfer of costs from Work in Process to Finished Goods. If no entry is required for a transaction/event, select "No journal entry required in the first account field) 15-a. What is the total cost to be accounted for? (Do not round Intermediate calculations.) Total cost to be accounted for 15-b. What is the total cost accounted for (Do not round intermediate calculations.) Total cost accounted for

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