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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 Mixing. All
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 to account for units and costs. Its Work in Process T- account for the Mixing Department for June follows (all forthcoming questions pertain to June): Work in Process-Mixing Department June 1-balance $ 43, 000 Completed and transferred to finished goods ? Materials 138, 925 Direct labour 88, 500 Overhead 106,000 June 30-balance The June 1 work in process inventory consisted of 5,900 kilograms with $22,770 in materials cost and $20,230 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, 38,400 kilograms were started into production. The June 30 work in process inventory consisted of 9,800 kilograms that were 100% complete with respect to materials and 50% complete with respect to conversion. 4. Compute the equivalent units of production for materials
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