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! Required Information [The following information applles to the questions displayed below.] Clopack...

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Accounting

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Required Information
[The following information applles 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 5,000 units 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 materlals and 50% complete with respect to
conversion. During June, 37,500 units were started into production. The June 30 work in process Inventory consisted of
8,000 units 100% complete with respect to materials and 40% complete with respect to conversion.
Prepare the journal entry to record the overhead cost applied to production.
Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account fleld.
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