Reference no: EM132650130

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):

Work in Process-Mixing Department June 1 balance 27,000

Completed and transferred to Finished Goods ?

Materials 151,100

Direct labor 95 , 500

Overhead 113,000

June 30 balance ?

• The June 1 work in process inventory consisted of 4,400 units with $14,100 in materials cost and $12,900 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, 36,900 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:

Question 1. Prepare the journal entries to record the raw materials used in production and the direct labor cost incurred.