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:

	Tons of Pulp	Percent Completed
Materials	Labor and Overhead
Work in process, June 1	81,600	87%	23%
Work in process, June 30	50,200	46%	14%
Started into production during June	300,400

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.

1. Pureform, Incorporated, uses the weighted-average method in its process costing system. It manufactures a product that passes through two departments. Data for a recent month for the first department follow:

	Units	Materials	Labor	Overhead
Work in process inventory, beginning	80,000	$ 68,600	$ 30,000	$ 48,000
Units started in process	760,000
Units transferred out	790,000
Work in process inventory, ending	50,000
Cost added during the month		$ 907,200	$ 370,000	$ 592,000

The beginning work in process inventory was 80% complete with respect to materials and 75% complete with respect to labor and overhead. The ending work in process inventory was 60% complete with respect to materials and 20% complete with respect to labor and overhead.

Required:

1. Compute the first department's equivalent units of production for materials, labor, and overhead for the month.

2. Determine the first department's cost per equivalent unit for materials, labor, and overhead for the month. (Round your answers to 2 decimal places.)