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 |
27,000 |
Completed and transferred |
? |
| Materials |
151,100 |
to Finished Goods |
|
| Direct labor |
95,500 |
|
|
| Overhead |
113,000 |
|
|
|
|
| June 30 balance |
? |
|
|
| |
|
|
|
|
|
The June 1 work in process inventory consisted of 4,400 pounds with $14,100 in materials cost and $12,900 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 36,900 pounds were started into production. The June 30 work in process inventory consisted of 8,800 pounds that were 100% complete with respect to materials and 50% complete with respect to conversion.
|
| Required: |
| Prepare the journal entries to record the raw materials used in production and the direct labor cost incurred. |