5.value:

10.00 points

Exercise 4-6 Equivalent Units-Weighted-Average Method [LO4-2]

Hielta Oy, a Finnish company, processes wood pulp for various manufacturers of paper products. Data relating to tons of pulp processed during June are provided below:

Percent Completed

Tons of Pulp Materials Labor and Overhead

Work in process, June 1 20,000 90% 80%

Work in process, June 30 30,000 60% 40%

Started into production during June 190,000

Required:

1.

Compute the number of tons of pulp completed and transferred out during June.

2. Compute the equivalent units of production for materials and for labor and overhead for June.