Clone Labs, Incorporated, uses the weighted-average method in its process costing system. The following data are available
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Question:
Clone Labs, Incorporated, uses the weighted-average method in its process costing system. The following data are available for one department for October:
Units | Percent Completed | ||
---|---|---|---|
Materials | Conversion | ||
Work in process, October 1 | 49,000 | 85% | 60% |
Work in process, October 31 | 25,000 | 68% | 48% |
The department started 382,000 units into production during the month and transferred 406,000 completed units to the next department.
Required:
Compute the equivalent units of production for October.
Related Book For
Managerial Accounting
ISBN: 978-1259307416
16th edition
Authors: Ray Garrison, Eric Noreen, Peter Brewer
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