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Compute the number of tons of pulp completed

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Reference no: EM131560741

Weighted-Average Method

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 20,000   90% 80%

Work in process, June 30 30,000   60% 40%

Started into production during June 190,000   

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.

Reference no: EM131560741

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