Exercise 5-6 (Algo) Equivalent Units of Production-Weighted-Average Method [LO5-2] 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 Work in process, June 1 Tons of Pulp 80,800 Materials Overhead 89% 25% Work in process, June 30 51,000 40% 20% Started into production during June 301,000 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