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Highlands Company uses the weighted-average method in its process costing system. It processes wood pulp...

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Accounting

Highlands Company uses the weighted-average method in its process costing system. It processes wood pulp for various manufacturers of paper products. Data relating to tons of pulp processed during June are provided below:
\table[[\table[[,Tons of Pulp,Percent Completed],[,Materials,\table[[Labor and],[Overhead]]],[Work in process, June 1,,,21%
Highlands Company uses the weighted-average method in its process costing system. It processes wood pulp for various manufacturers of paper products. Data relating to tons of pulp processed during June are provided below:
\table[[,,Percent Completed],[,,Labor and,],[Work in process, June 1,Tons of Pulp,Materials,Overhead],[Work in process, June 30,81,300,85%,21%
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