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 ProcessMixing Department

June 1 balance 28,000

Completed and transferred to Finished Goods ?

Materials 120,000

Direct labor 79,500

Overhead 97,000

June 30 balance ?

The June 1 work in process inventory consisted of 5,000 units with $16,000 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, 37,500 units were started into production. The June 30 work in process inventory consisted of 8,000 units that were 100% complete with respect to materials and 40% complete with respect to conversion.

8) What is the cost per equivalent unit for materials? (Round your answer to 2 decimal places.)

9) What is the cost per equivalent unit for conversion? (Round your answer to 2 decimal places.)

10) What is the cost of ending work in process inventory for materials? (Round your intermediate calculations to 2 places.)

11) What is the cost of ending work in process inventory for conversion?

12) What is the cost of materials transferred to finished goods? (Round your intermediate calculations to 2 places.)

13) What is the amount of conversion cost transferred to finished goods?

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?

b. What is the total cost accounted for?