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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

Tons of Pulp Materials Labor and Overhead
Work in process, June 1 81,700 83% 23%
Work in process, June 30 50,100 41% 19%
Started into production during June 301,600

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.

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