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 tons

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 Overhead Work in process, June 1 80,300 Work in process, June 30 51,000 Started into production during June 300,600 85 50+ 231 161 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 of tons of pulp completed and transferred out during June. Tons completed and transferred out 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 Materials Overhead Work in process, June 1 80,300 23 Work in process, June 30 51,000 Started into production during June 300, 600 85 50 16 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 Compute the equivalent units of production for materials and for labor and overhead for June. Materials Labor and Equivalent units of production Overhead
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