1. 1. Prepare the journal entries to record the raw materials used in production and the
direct labor cost incurred. (If no entry is required for a transaction/event, select "No
journal entry required" in the first account field.)
2. Prepare the journal entry to record the overhead cost applied to production. (If no
entry is required for a transaction/event, select "No journal entry required" in the first
account field.)
3. How many units were completed and transferred to finished goods during the period?
4. Compute the equivalent units of production for materials.
5. Compute the equivalent units of production for conversion.
6. For materials, what is the sum of the cost of beginning work in process inventory plus
the cost added during the period?
7. For conversion, what is the sum of the cost of beginning work in process inventory
plus the cost added during the period?
8. What is the cost per equivalent unit for materials? (Round your answer to 2 decimal
places.)
9. What is the cost per equivalent unit for conversion? (Round your answer to 2 decimal
places.)
10. What is the cost of ending work in process inventory for materials? (Do not round
intermediate calculations.)
11. What is the cost of ending work in process inventory for conversion? (Do not round
your intermediate calculations.)
12. What is the cost of materials transferred to finished goods? (Do not round
intermediate calculation.)
13. What is the amount of conversion cost transferred to finished goods? (Do not round
your intermediate calculations.)
14. Prepare the journal entry to record the transfer of costs from Work in Process to
Finished Goods. (If no entry is required for a transaction/event, select "No journal entry
required" in the first account field.)
15-a. What is the total cost to be accounted for? (Do not round intermediate
calculations.)
15-b. What is the total cost accounted for? (Do not round intermediate calculations.)

2. [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 consisted of 4,600 units with $15 , 000 in materials cost and $13 , 000 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, 37,100 units were started
into production. The June 30 work in process inventory consisted of 8,400 units that were 100%
complete with respect to materials and 50% complete with respect to conversion.