Question: 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

 Highlands Company uses the weighted average method in its process costing
system. It processes wood pulp for various manufacturers of paper products. Data

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: Percent Completed Labor and Tons of Pulp Materials Work in process, June 1 Work in process, June 30 51,200 Started into production during June 300,500 81,000 86 425 Overhead 258 20 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. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the number tons of pulp completed and transferred out during June. Tona completed and transferred out Required Required 2 > 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 overt Hint Print Complete this question by entering your answers in the tabs below. References Required 1 Required 2 Compute the equivalent units of production for materials and for labor and overhead fo Materials Labor and Overhead Equivalent units of production

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