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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 Mking. All
Required information [The following information applies to the questions displayed below.] Clopack Company manufactures one product that goes through one processing department called Mking. All row: materials are introduced at the start of work in the Mixing Department. The company uses the welghted-average method of process costing. Its Work in Process. T-account for the Mixing Department for June follows fah forthcomino questions pertain to June): The June 1 work in process inventory consisted of 4,700 units with $16,040 in materials cost and $12,960 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, 37,200 units were started into production. The June 30 work in process inventory consisted of 8,200 units that were 100% complete with respect to materials and 50% complete with respect to conversion. What is the amount of conversion cost transferred to finished goods? (Round your intermediate calculations to 2 places.)
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