Chapter 4 - Homework Saved Exercise 4-6 (Algo) Equivalent Units of ProductionWeighted-Average Method [LO4-2] 5 Highlands Company uses the weighted average method in its process costing system. It processes wood pulp for various manufacturers of paper products. Data relating to tons of pulp processed during June are provided below: 1.25 points Percent Completed Labor and Materials Overhead 84% 21% 47% 12% Tons of Pulp 81,700 51,900 300, 300 Work in process, June 1 Work in process, June 30 Started into production during June eBook 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. Hint Complete this question by entering your answers in the tabs below. Print Required 1 Required 2 References Compute the number of tons of pulp completed and transferred out during June. Tons completed and transferred out Required 1 Required 2 Compute the equivalent units of production for materials and for labor and overhead for June. Materials Labor and Overhead Equivalent units of production