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2 Required information The following information applies to the questions displayed below]...

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Accounting

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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 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): The June 1 work in process inventory includes 4,200 units with $14,440 in materials cost and $12,560 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, 36,700 units were started into production. The June 30 work in process inventory consisted of 9,200 units 100% complete with respect to materials and 50% complete with respect to conversion. 2. Prepare the journal entry to record the overhead cost applied to production. Note: If no entry is required for a transoction/event, select "No journal entry required" in the first occount field. Journal entry worksheet Record the overhead cost applied to production. Note: Fater debits before credits

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