Highlands Company uses the weighted-average method in its process costing system. It processes wood pulp for...
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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 80,500 51,000 301,600 Materials Overhead Work in process, June 1 Work in process, June 30 Started into production during June 82% 44% 25% 11% 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 equivalent units of production for materials and for labor and overhead for June. Labor and Materials Overhead Equivalent units of production < Required 1 Required 2 > 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 80,500 51,000 301,600 Materials Overhead Work in process, June 1 Work in process, June 30 Started into production during June 82% 44% 25% 11% 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 equivalent units of production for materials and for labor and overhead for June. Labor and Materials Overhead Equivalent units of production < Required 1 Required 2 > 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 80,500 51,000 301,600 Materials Overhead Work in process, June 1 Work in process, June 30 Started into production during June 82% 44% 25% 11% 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 equivalent units of production for materials and for labor and overhead for June. Labor and Materials Overhead Equivalent units of production < Required 1 Required 2 > 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 80,500 51,000 301,600 Materials Overhead Work in process, June 1 Work in process, June 30 Started into production during June 82% 44% 25% 11% 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 equivalent units of production for materials and for labor and overhead for June. Labor and Materials Overhead Equivalent units of production < Required 1 Required 2 >
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Related Book For
Managerial Accounting
ISBN: 978-1259307416
16th edition
Authors: Ray Garrison, Eric Noreen, Peter Brewer
Posted Date:
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