Clonex Labs, Incorporated, uses the weighted-average method in its process costing system. The following data are...
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Clonex Labs, Incorporated, uses the weighted-average method in its process costing system. The following data are available for one department for October. Mork in process, October 1 Work in process, October 31 units 46,000 31,000 Percent Completed Materials Conversion 95% 71% 65% 53% The department started 393,000 units into production during the month and transferred 408,000 compieted units to the nest department. Required: Compute the equivalent units of production for October. Materials Conversion Equivalent units of production Clonex Labs, Incorporated, uses the weighted-average method in its process costing system. The following data are available for one department for October. Mork in process, October 1 Work in process, October 31 units 46,000 31,000 Percent Completed Materials Conversion 95% 71% 65% 53% The department started 393,000 units into production during the month and transferred 408,000 compieted units to the nest department. Required: Compute the equivalent units of production for October. Materials Conversion Equivalent units of production
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Ending work in process 31000 units Units transferred ... View the full answer
Related Book For
Accounting concepts and applications
ISBN: 978-0538745482
11th Edition
Authors: Albrecht Stice, Stice Swain
Posted Date:
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