Required Information [The following information applles to the questions displayed below.] Clopack Company manufactures one...
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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 materlals are Introduced at the start of work In the MixIng Department. The company uses the welghted-average method of process costing. Its Work In Process T-account for the MIxIng Department for June follows (all forthcoming questions pertaln to June): The June 1 work In process inventory consisted of 4,000 unlts with $13,020 In materlals cost and $11,980 In conversion cost. The June 1 work in process Inventory was 100% complete with respect to materlals and 60% complete with respect to conversion. During June, 36,500 units were started Into production. The June 30 work in process inventory consisted of 9,600 units that were 100% complete with respect to materlals and 50% complete with respect to conversion. W. What is the cost of ending work In process Inventory for materlals? (Round your Intermedlate calculatlons to 2 places.)
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