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11 .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

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11.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:

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Percent Completed Labor and Tons of Pulp Materials Overhead Work in process, June 1 80, 200 85 + 22 $ Work in process, June 30 52,000 44 $ 18 % Started into production during June 301, 900Required 1 Required 2 Compute the number of tons of pulp completed and transferred out during June. Tons completed and transferred outRequired 1 Required 2 Compute the equivalent units of production for materials and for labor and overhead for June. Materials Labor and Overhead Equivalent units of productionUnits Materials Labor Overhead Work in process inventory, beginning 60,000 $ 67,300 $ 11, 400 $ 21,000 Units started in process 569,000 Units transferred out 590,000 Work in process inventory, ending 39,000 Cost added during the month $ 889, 515 $ 140,975 $ 259, 370Materials Labor Overhead 1. Equivalent units of production 2. Cost per equivalent unitWork in Process-Grinding Department Inventory, May 1 451,950 Completed and transferred to the Mixing Department Materials 570,560 Conversion 296,232 Inventory, May 31 ?Required 1 Required 2 Required 3 Required 4 Compute the Grinding Department's equivalent units of production for materials and conversion in May. Materials Conversion Equivalent units of productionRequired 1 Required 2 Required 3 Required 4 Compute the Grinding Department's costs per equivalent unit for materials and conversion for May. (Round your answers to 2 decimal places.) Materials Conversion Cost per equivalent unitRequired 1 Required 2 Required 3 Required 4 Compute the Grinding Department's cost of ending work in process inventory for materials, conversion, and in total for May. (Round your intermediate calculations to 2 decimal places.) Materials Conversion Total Cost of ending work in process inventoryRequired 1 Required 2 Required 3 Required 4 Compute the Grinding Department's cost of units transferred out to the Mixing Department for materials, conversion, and in total for May. (Round your intermediate calculations to 2 decimal places.) Materials Conversion Total Cost of units completed and transferred out

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