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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$)$:

The June $1$ work in process inventory includes $5,000$ 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 $100\%$ complete with respect to materials and $40\%$ complete with respect to conversion.

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

Note: Round your intermediate calculations to $2$ places.

Cost of ending work$-$in$-$process inventory for materials

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

Cost of ending work$-$in$-$process inventory for conversion

What is the cost of materials transferred to finished goods?

Note: Round your intermediate calculations to $2$ places.

Cost of materials transferred to finished goods

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

Conversion cost transferred to finished goods

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

Note: If no entry is required for a transaction$/$event$,$ select $"$No journal entry required" in the first account field. Round your

intermediate calculations to $2$ decimal places.

Journal entry worksheet

Record the transfer of costs from Work in Process to Finished Goods.

Note: Enter debits before credits.

$15-$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

b$.$ Total cost accounted for