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please help me. thank you. Required information [The following information applies to the questions displayed below.) Clopack Company manufactures one product that goes through one
please help me. thank you.
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 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): June 1 balance Materials Direct labor Overhead June 3e balance Work in Process-Mixing Department 28,600 Completed and transferred to Finished Goods 148,905 94,500 112,000 ? The June 1 work in process inventory consisted of 4,500 units with $15.020 in materials cost and $12.980 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, 37.000 units were started into production. The June 30 work in process inventory consisted of 8,600 units that were 100% complete with respect to materials and 50% complete with respect to conversion Required: 1. Prepare the journal entries to record the raw materials used in production and the direct labor cost incurred. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet 1 2 > Record the raw materials used in production. Note: Enter debits before credits Transaction General Journal Debit Credit Journal entry worksheet Record the direct labor cost incurred. Note: Enter debits before credits. Transaction General Journal Debit Credit 2 Journal entry worksheet Record the transfer of costs from Work in Process to Finished Goods. Note: Enter debits before credits Transaction General Journal Debit Credit 1 mation applies to the questions displayed below.] Clopack Company manufactures one product that goes through one processir materials are introduced at the start of work in the Mixing Department. The cor of process costing. Its Work in Process T-account for the Mixing Department fo pertain to June): June 1 balance Materials Direct labor Overhead June 3e balance Work in Process-Mixing Department 28,000 Completed and transferred to Fini 148,905 94,500 112,000 ? The June 1 work in process inventory consisted of 4,500 units with $15,020 in cost. The June 1 work in process inventory was 100% complete with respect to to conversion. During June, 37,000 units were started into production. The Jun 8,600 units that were 100% complete with respect to materials and 50% comple 15-a. What is the total cost to be accounted for? 15-b. What is the total cost accounted for? a. Total cost to be accounted for Total cost accounted for bStep by Step Solution
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