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Required information Skip to question [The following information applies to the questions displayed below.] Clopack Company manufactures one product that goes through one processing department

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[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):

Work in ProcessMixing Department
June 1 balance 41,000 Completed and transferred to Finished Goods ?
Materials 134,065
Direct labor 86,500
Overhead 104,000
June 30 balance ?

The June 1 work in process inventory consisted of 5,700 units with $21,780 in materials cost and $19,220 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, 38,200 units were started into production. The June 30 work in process inventory consisted of 9,400 units that were 100% complete with respect to materials and 50% complete with respect to conversion.

5. Compute the equivalent units of production for conversion.

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

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

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

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Equivalent units of production Total cost of materials Total cost of conversion Cost per equivalent unit for materials

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