value: 50.00 points Hielta Oy, a Finnish company, processes wood pulp for variou

Question

value: 50.00 points 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 Complet Tons of Pulp 80,000 51,200 301,100 Labor and Overhead 20% 18% Materials Work in process, June1 Work in process, June 30 Started into production during June 83% 44% Required 1. Compute the number of tons of pulp completed and transferred out during June. Units completed and transferred out t- 2. Compute the equivalent units of production for materials and for labor and overhead for June Materials Labor and Equivalent units of production HW Soluti.. xlsx

Explanation / Answer

Whole Units Material Labor Openning WIP 80000 13600 64000 Complted and Tranfered out 301100-51200 249900 249900 249900 Closing WIP 51200 22528 9216 Equivalent units 286028 323116 Units Complted and Transferred out 249900 Material Labor Equivalent Units of Production 286028 323116

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