Clopack Company manufactures one product that goes through one processing depart

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 ?
Materials 120,000 to Finished Goods
Direct labor 79,500
Overhead
97,000

The June 1 work in process inventory consisted of 5,000 pounds 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 materials and 50% complete with respect to conversion. During June 37,500 pounds were started into production. The June 30 work in process inventory consisted of 8,000 pounds that were 100% complete with respect to materials and 40% complete with respect to conversion.

Required:
How many units were completed and transferred to finished goods during the period?

Units completed and transferred to finished goods

Explanation / Answer

work in process June 1st = 5,000

started into production = 37,500

(Add these together to get)

Total pounds in process = 42,500

Deduct work in process on June 30th = -8,000

Completed and transferred out during the month = 34,500

Related Questions

Navigate

• Browse (All)
• Browse C
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.