Reference no: EM133034201

Question - 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 to account for units and costs. 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 28,000

Completed and transferred to Finished Goods Materials 147,630

Direct labour 93,500

Overhead 111,000

June 30-balance ?

The June 1 work in process inventory consisted of 4,600 pounds with $15,000 in materials cost and $13,000 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, 37,100 pounds were started into production. The June 30 work in process inventory consisted of 8,400 pounds that were 100% complete with respect to materials and 50% complete with respect to conversion.

Required - Prepare the journal entries to record the raw materials used in production and the direct labour cost incurred.