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Hielta Oy, a Finnish company processes wood pulp for various manufacturers of paper products. Data relating to tonnes of pulp processed during June are provided
Hielta Oy, a Finnish company processes wood pulp for various manufacturers of paper products. Data relating to tonnes of pulp processed during June are provided below: Work in process, June 1 Work in process, June 30 Started into processing during June Percentage Completed Tonnes of Labour and Pulp Materials Overhead 20,000 90% 806 30,000 60% 40% 190,000 Required: 1. Compute the number of tonnes of pulp completed and transferred out during June Tonnes of pulp completed and transferred out 2. Prepare a quantity schedule for June assuming that the company uses the weighted average cost method. Tonnes to be accounted for Saved onnes of pulp completed and transferred out 2. Prepare a quantity schedule for June assuming that the company uses the weighted average cost method. Tonnes to be accounted for Total tonnes Tonnes accounted for as follows: Total tonnes
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