Question: Required Information [The Following Information Applies To The Questions Displayed Below.) Clopack Company Manufactures One Product That Goe


Required information [The following information applies to the questions displayed below.) Clopack Company manufactures one p

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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 Mlading 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 40,000 Completed and transferred to Finished Goods 125,000 83,500 101.000 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 Juno, 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 5. Compute the equivalent units of production for conversion. Equivalent units of production

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