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Exercise 4-6 (Algo) Equivalent Units of Production-Weighted-Average Method [LO4-2] Highlands Company uses the weighted-average method in its process costing system. It processes wood pulp
Exercise 4-6 (Algo) Equivalent Units of Production-Weighted-Average Method [LO4-2] Highlands Company uses the weighted-average method in its process costing system. It processes wood pulp for varl- manufacturers of paper products. Data relating to tons of pulp processed during June are provided below: Percent Completed Work in process, June 1 Tons of Pulp 81,600 Materials 84% Labor and Overhead 29% Work in process, June 30 Started into production during June 51,400 300,400 41% 20% 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
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