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Debo Company uses the weighted average method in its process costing system. Data related to gallons of product processed during June are provided below:
Percent Completed Gallons of product Materials Labor & Overhead
Work in Process August 1 140,000 40% 60% Work in Process August 31 90,000 70% 30% Started in production in August 1,200,000 Problem 1. Compute the number of tons of pulp competed and transferred out during August. Problem 2. Compute the equivalent units of production for August for:
a. materials and b. labor & overhead
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