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Required information The Foundational 15 (Algo) (LO4-1, LO4-2, LO4-3, LO4-4, LO4-5] [The following information applies to the questions displayed below] Clopack Company manufactures one product
Required information The Foundational 15 (Algo) (LO4-1, LO4-2, LO4-3, LO4-4, LO4-5] [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): June 1 balance Materials Direct labor Overhead June 30 balance Work in Process Mixing Department Debit Credit Completed and transferred to Finished Goods 45,000 140,400 89,500 107,000 The June 1 work in process inventory consisted of 6,000 units with $24,250 in materials cost and $20,750 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, 38,500 units were started into production. The June 30 work in process inventory consisted of 10,000 units that were 100% complete with respect to materials and 50% complete with respect to conversion. Foundational 4-9 (Algo) 9. What is the cost per equivalent unit for conversion? (Round your answer to 2 decimal places.) Cost per Wont un Required information The Foundational 15 (Algo) [LO4-1, LO4-2, LO4-3, LO4-4, LO4-5) [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): June 1 balance Materials Direct labor Overhead June 30 balance Work in Process-Hixing Department Debit Credit 45,000 140,400 09,500 107,000 Completed and transferred to Finished Goods 7 The June 1 work in process inventory consisted of 6,000 units with $24,250 in materials cost and $20,750 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, 38,500 units were started into production. The June 30 work in process inventory consisted of 10,000 units that were 100% complete with respect to materials and 50% complete with respect to conversion, Foundational 4-10 (Algo) 10. What is the cost of ending work in process inventory for materials? (Round your intermediate calculations to 2 places.) Cast of weding work-in-press memory for ma Required information The Foundational 15 (Algo) (LO4-1, LO4-2, LO4-3, LO4-4, LO4-5] [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): June 1 balance Materials Direct labor Overhead June 30 balance Mork in Process-Hixing Department 45,000 140,400 89,500 107,000 Credis Completed and transferred to Finished Goods The June 1 work in process inventory consisted of 6,000 units with $24,250 in materials cost and $20.750 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, 38,500 units were started into production. The June 30 work in process inventory consisted of 10,000 units that were 100% complete with respect to materials and 50% complete with respect to conversion Foundational 4-11 (Algo) 11. What is the cost of ending work in process inventory for conversion? (Round your intermediate calculations to 2 places.). Cnt of ding work in process inventory for conversion
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