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. Tons of Pulp Materials Percent Completed Labor and Overhead Work in process, June 1 80, 200 82% 29% Work in process, June 301 51,200 46% 18% Started into production during June 300,000 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.