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Required information [ The following information applies to the questions displayed below. ] Clopack Company manufactures one product that goes through one processing department called
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 weightedaverage method of process costing. Its Work in Process Taccount for the Mixing Department for June follows all forthcoming.questions pertain to June:
tableDebit,Work in ProcessMixing Department,June balance,Completed and transferred to Finished Goods,MaterialsDirect labor,OverheadJune balance,?,,
The June work in process inventory consisted of units with $ in materials cost and $ in conversion cost. The June work in process inventory was complete with respect to materials and complete with respect to conversion. During June, units were started into production. The June work in process inventory consisted of units that were complete with respect to materials and complete with respect to conversion.
Compute the equivalent units of production for materials.
Equivalent units of production for materials
Compute the equivalent units of production for conversion
What is the cost of beginning work in process unventory plus the cost added during the period for materials?
what is the cost of beginning work in process inventory plus the cost added during the period for conversion?
What is the cost per equivalent unit for materials? Round your answer to decimal places
What is the cost per ewuivalent Unit for conversion? Round your answer to decimal places.
What js the cost of ending work in process inventory for materials? round your intermediate calculatiojs to places
what is the cost of ending work in process inventory for conversion? round your intermediate calculations to places.
what is the cost of materials transferred to finished goods?
What is the amount of conversion cost transferred to finished goods?
perpare the journal wntry to record the transfer of costs from work in process to finished goods.
a What is the total cost to be accounted for?
b What is the total cost accounted for?
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