Question: Please show formulas because i keep getting it wrong - thank you!! Highlands Company uses the weighted-average method in its process costing system. It processes
Please show formulas because i keep getting it wrong - thank you!!
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 Materials Overhead 84 % 30% 44 % 13% Tons of Pulp 81,200 50,100 301,300 Work in process, June 1 Work in process, June 30 Started into production during June 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 332,700
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