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
Debit		Credit
June 1 balance	40,000	Completed and transferred to Finished Goods	?
Materials	128,325
Direct labor	84,500
Overhead	102,000
June 30 balance	?

The June 1 work in process inventory consisted of 5,500 units with $21,750 in materials cost and $18,250 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, 38,000 units were started into production. The June 30 work in process inventory consisted of 9,000 units that were 100% complete with respect to materials and 50% complete with respect to conversion.

1. Prepare the journal entries to record the raw materials used in production and the direct labor cost incurred.

2. Prepare the journal entry to record the overhead cost applied to production.

3. How many units were completed and transferred to finished goods during the period?

Completed and transferred out

4. Compute the equivalent units of production for materials.

Equivalent units of production for materials

5. Compute the equivalent units of production for conversion.

Equivalent units of production for conversion

6. What is the cost of beginning work in process inventory plus the cost added during the period for materials?

Total cost of meterials

7. What is the cost of beginning work in process inventory plus the cost added during the period for conversion?

Total cost of coversion

8. What is the cost per equivalent unit for materials?

Cost per equivalent unit for materials

9. What is the cost per equivalent unit for conversion?

Cost per equivalent unit

10. What is the cost of ending work in process inventory for materials?

Cost of ending work-in-process inventroy for materials

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

Cost of ending work-in-process inventory for conversion

12. What is the cost of materials transferred to finished goods?

Cost of materials transferred to finished goods

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

Coversion cost transferred to finished goods

14. Prepare the journal entry to record the transfer of costs from Work in Process to Finished Goods.

15-a. What is the total cost to be accounted for?

15-b. What is the total cost accounted for?

Record the raw materials used in production. lote: Enter debits before credits. Record the overhead cost applied to production. Note: Enter debits before credits. Record the transfer of costs from Work in Process to Finished Goods. Note: Enter debits before credits