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help please 15 Required information The following information applies to the questions displayed below) Clopack Company manufactures one product that goes through one processing department
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15 Required information The following information applies to the questions displayed below) Clopack Company manufactures one product that goes through one processing department called Mixing All row 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 Process-Mixing Department Debit Credit June 1 balance 38,000 Completed and transferred to finished Goods Materials 123,705 Direct labor 82.500 Overhead 120.000 June 30 balance The June 1 work in process inventory consisted of 5,300 units with $20,680 in materials cost and $17,320 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, 37,800 units were started into production. The June 30 work in process inventory consisted of 3,600 units that were 100% complete with respect to materials and 50% complete with respect to conversion 8. What is the cost per equivalent unit for materials? (Round your answer to 2 decimal places.) Dost per equivalent une formateriais Step by Step Solution
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