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Hielta Oy, a Finnish company, processes wood pulp for various manufacturers of paper products. Data relating to tons of pulp processed during June are provided
Hielta Oy, a Finnish company, 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 Materials Overhead 89% 21% 41% 15% Tons of Pulp 80,300 50,000 301,500 Work in process, June 1 Work in process, June 30 Started into production during June Required: 1. Compute the number of tons of pulp completed and transferred out during June. Units completed and transferred out 2. Compute the equivalent units of production for materials and for labor and overhead for June. Materials Labor and Overhead Equivalent units of production X
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