Hielta Oy, a Finnish company, processes wood pulp for various manufacturers of p
ID: 2435321 • Letter: H
Question
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 21,500 80% 90%
Work in process, June 30 28,100 68% 49%
Started into production during June 190,100
Requirement 1:
Compute the number of tons of pulp completed and transferred out during June.
Completed and transferred out during the month tons of pulp
Requirement 2:
Compute the equivalent units of production for materials and for labor and overhead for June.
Materials Labor and
overhead
Equivalent units of production
Explanation / Answer
Compute the equivalent units of production for materials and for labor and overhead for June. Materials Labor and overhead Equivalent units of production Input units Particulars Ouput units Equilent Production Material Labor Unit % Unit % 21500 Opening work in progress 21500 4300 20 2150 10 190100 Introduced & completed 183500 183500 100 183500 100 Transferred out 205000 187800 185650 Closing Work in process 28100 19108 68% 13769 49% 211600 211600 206908 199419 Requirement 1: Compute the number of tons of pulp completed and transferred out during June Transferred out 205000 187800 185650
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