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 Labor and Tons of Pulp Materials Overhead 81,800 83% 21% 50,900 50% 17% 300,400 Work in process, June 1 Work in process, June 30 Started into production during June Required: 1. Compute the number of tons of pulp completed and transferred out during June. Units completed and transferred out 2. Compute the equivalent units of production for materials and for labor and overhead for June. Materials Labor and Overhead Equivalent units of production
Fill in the blanks

Answer 1

Ans:

1) Number of tons of pulp completed and transferred during june = 300400+81800-50900 = 331,300 Tons

2) Equivalent unit :

2
	Materials	Labor and Overhead
Units completed and transferred out	331,300	331,300
Work in Process, June 30:
50900 X 50%	25450
50900 X 17%		8653
Equivalent units of production	356750	339953

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