The Foundational 15 [LO5-1, LO5-2, LO5-3, LO5-4, LO5-5]

Required Information The Foundetional 15 [LO5-1, LO5-2, LO5-3, LO5-4, LO5-5] 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 Mbxing Department The company uses the welghted-average method of process costing Its Work in Process T-account for the Mixing Department for June follows (all forthcoming questions pertain to June Work in Process-Mixing Department 28,e0e Completed and transferred to Finished Goods June 1 balance Materials 128,eee 79,5ee Direct labor Ovarhead 97,eee June 3e balance The June 1 work In process inventory consisted of 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 materlals 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 that were 100% complete with respect to materials and 40% complete with respect to conversion. Foundetional 5-15 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 aocounted for Required The Foundational 15 [LO5-1, LO5-2, LO5-3, LO5-4, LO5-5] The following Information applies to the questions displayed below] Clopack Company manufactures one product that goes through one processing department called Mixing.A materials are Introduced at the start of work in the Mixing Department. The company uses the welghted-ave of process costing. Its Work In Process T-account for the Mixing Department for June follows (all forthcomin pertain to June) Work in Process-Mixing Department Completed and transferred to Finished Goods 28,eee June 1 balance 120,ee0 Materials 79,5e0 97,e00 Direct labor Overhead June 30 balance The June 1 work in process inventory consisted of 5,000 units with $16.000 In materlals cost and $12.000 cost. The June 1 work In process Inventory was 100% complete with respect to materlals and 50% comple to conversion. During June, 37,500 units were started into production. The June 30 work In process Inver 8000 units that were 100% complete with respect to materlals and 40% complete with respect to conver