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: Work in process, June 1 Work in process, June 30 Started into production during June Tons of Pulp 80,500 51,300 301,200 Percent Completed Labor and Materials Overhead 84 % 29% 45 12% 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 Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below