two pictures for number 14
1 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 of process costing. Its Work in Process T-account for the Mixing Department for June follows (all forthcoming questions pertain to June Part to 15 042707 June 1 balance Materials Direct labor Overhead June 30 balance Work in Process-Mixing Departuent 40,000 Completed and transferred to finished Goods 125,000 83,500 101.000 71 The June 1 work in process inventory consisted of 5400 units with $22.220 in materials cost and $17,780 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, 37,900 units were started into production. The June 30 work in process inventory consisted of 8,800 units that were 100% complete with respect to materials and 50% complete with respect to conversion. Required: 1. Prepare the journal entries to record the raw materials used in production and the direct lobor cost incurred. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction is Journal entry worksheet of 15 1 2 1:26:54 Record the raw materials used in production. Note: Enter debits before credits Transaction General Journal Dobit Credit 1 Record entry Clear entry View general journal Journal entry worksheet of 15 8 01:22:25 Record the transfer of costs from Work in Process to Finished Goods. Note: Enter debits before credits Transaction General Journal Debit Credit 1 Record entry Clear entry View general journal 0 15 Part 15 of 15 0122:14 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 rew 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): Work in Process-Mixing Department June 1 balance 40,000 Completed and transferred to Finished Goods 125,000 Direct labor 83,588 Overhead 101,000 June 38 balance The June 1 work in process inventory consisted of 5,400 units with $22,220 in materials cost and $17780 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, 37,900 units were started into production. The June 30 work in process inventory consisted of 8,800 units that were 100% complete with respect to materials and 50% complete with respect to conversion Materials ? 15. What is the total cost to be accounted for? 15-6. What is the total cost accounted for Total cost to be accounted for Total cost accounted for b
